Nominee Eligible for Bank Deposits After Account Holder’s Death, But Succession Laws Determine Ownership: Allahabad HC

The Allahabad High Court, in a significant ruling, clarified that a nominee has the legal right to claim funds in bank deposits following the death of the account holder but emphasized that the ownership of such funds is determined by the applicable succession laws. The decision was delivered in Manoj Kumar Sharma v. Union of

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READ ALSO  Merely Saying That Husband Pronounced Triple Talaq, Could Not Have Been Taken at Its Face Value and Husband Has a Burden to Prove the Same: Allahabad HC
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