Nomination Facility for Shares of Private Companies held in Physical Form

CS Deepak Sharma , Last updated: 05 May 2026 Share Follow on Google News

In 2025, the Reserve Bank of India has made an amendment in Banking Laws permitting upto four nominees to be registered with Banks for bank accounts and fixed deposits, with the objective of simplifying the succession process and distribution of assets to the next generation, on the passing away of

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About the Author

CS Deepak Sharma

Consultant

Mr. Sharma is a seasoned legal and compliance professional with over 12 years of experience in corporate law advisory, governance, and secretarial practices. An Associate Member of the Institute of Company Secretaries of India, he also holds a Degree in Law and a Post-graduate in Business Policy Corporate Governance f ... Read more

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