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Indian Companies Act | Inheritance rights: Succession laws will override Companies Act 2013, says Supreme Court

The Companies Act 1956 does not deal with succession, nor does it override the laws of succession such as the Indian Succession Act, 1925, or the Hindu Succession Act, 1956, the apex court ruled ....

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MC Explains: Why SC ruled that nominees cannot claim ownership of securities

The apex court said the vesting of securities in favour of the nominee was for the limited purpose of ensuring there is no confusion pertaining to the legal formalities to be undertaken upon the death of the holder. ....

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Afternoon brief: Delhi records below 5 degrees first time this season | Latest News India

Here is a shortlist of the biggest headlines, recommended stories, and a special collection of news items you should check out. | Latest News India ....

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Only successor can claim shares or debentures, and not nominee, rules SC

As per the judgment, even if a person is a nominee in the share/debenture certificate he is not entitled to inherit it by default. The inheritance or the succession of these instruments will be determined by the contents of the deceased s will or as per the succession laws. ....

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When can a legal heir challenge a will as per Indian succession laws

If a legal heir wants to challenge a will, it can only be done in accordance with the Indian Succession Act, 1925. This succession law deals with how a will should be made, grounds on which a will can be challenged. Read on to know on what basis a will can be challenged by a legal heir. ....

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