We have two joint accounts. One for demat and second for savings account with a nationalized bank.The accounts are having 3 joint holder.
I am a senior citizen and have nominated my family member in both the accounts.
Will the nominee be taken on record as account holder in the event I am no more.
How the nominee can ascertain his/her rights if other 2 joint holder play foul which is sure.
Thanks
Menu
Status of nominee on expiry?
Replies (1)
In case the accounts are operational under 'Anyone or Survivor' basis; nominee cannot have any benefit. Otherwise nominee can get his/her right upto your share in the account.
Recent Threads
- Clubbing query (when gifts given to multiple fami
- Transfer Pricing Audit Upload Form 3CEB - Income T
- Only a Few Pages Indexed by Google Despite Sitemap
- Share sale by promoter of public limited company
- Individual working for a firm to take sales orders
- BIN view site not working
- Settlement of advance by customer
- GST chow cause notice
- Un claim ITC
- Form 49AA - OCI card holder applying for PAN card
Related Threads
CAclubindia
