To claim, check portals like UDGAM for bank deposits and IEPF for shares/dividends. Required documents include folio/policy numbers and KYC. Process varies, but KYC authentication is crucial.
Guidelines under section 79(A) of the Maharashtra Cooperative Societies Act state that if 75% of society members agree to redevelopment in writing, the proposal can be implemented. In such a case, even those few who have opposed redevelopment have a right to a new flat in the redeveloped building.
Adding nominee in your bank account and other financial assets saves a lot money and time when money has to be claimed later when a person pass away. Though many courts in India have held that nominee is not the legal heir of a deceased person. However, not making a nomination has its own costs.
The Allahabad High Court has held that an appeal against the order of a Civil Judge rejecting a plea for the issuance of a succession certificate would lie before the District Judge under Section.