denied to pay the interest by violating section
45ZA (2) of Banking Regulation Act 1949.
13. The plaintiffs requested to the defendant ... nominee. The defendant No.1 and 2 are not disputing the
section 45ZA (2) of Banking Regulation Act 1949. The
defendant
pleased to observe
that,
37
O.S.No.4770/2012
" Section 45ZA(2) of Banking Regulation Act merely
puts the nominee in the shoes ... succession. All the monies
receivable by the nominee by virtue of section
45ZA(2) would, therefore, form part of the estate of
the deceased depositor
Shakti Yezdani case,
the Apex court had particularly referred to Section
45ZA of the Banking Regulation Act, 1949 and in that
context also had held ... suit properties on the
death of Narayan Murthy under Section 8 to 10 of the
Hindu Succession Act, 1956. The plaintiff and defendant
which was standing in the name of
deceased in accordance with Section 45ZA of Banking
Regulation Act. It is submitted by defendant No.8 that
wherein the Hon'ble Supreme
Court of India while interpreting Sec.45ZA(2) of
Banking Regulation Act has held as follows ... 2751/2015.
"Sec.45ZA(2) merely puts the nominee in the
shoes of the depositor after his death and clothes
him with the exclusive
25211/2018
Smt.Anathamma Baburam. As per Section 45ZA (2)
Nomination for payment of depositors money of the Banking
Regulation Act, 1949 . The law clearly
