Why can Nominee not take money? Detailed Law on Nominee and Beneficiary I Supreme Court

⚫अपनी क़ानूनी समस्या को 1 कॉल पर अभी सॉल्व करे (Legal Opinion)
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⚫Description:-
Smt. Sarabati Devi & Anr vs Smt. Usha Devi on 6 December, 1983
- https://main.sci.gov.in/jonew/judis/9651.pdf
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00:00- Introduction
01:47- Difference between nominee and beneficiary ?
What is nominee in hindi?
What is beneficiary in hindi?
05:54- Landmark judgement by SC
07:17- Exceptions:- 1. Amendment in Insurance act
2. Draft a will
10:17- Advice to all the subscribers
11:56- Frequently asked questions
Why can Nominee not take money?
In this video, we delve into the crucial differences between a nominee and a beneficiary in financial and legal contexts.
Discover the roles of nominees and beneficiaries, and how they impact asset distribution and legal rights.
Explore a pivotal ruling by the Supreme Court concerning nominee and beneficiary rights, shedding light on key legal aspects.
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