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Nominee of Shares: SC Ruling on Absolute Ownership vs Succession Laws
Case Law Details
- Case Name
- Shakti Yezdani & Anr. Vs Jayanand Jayant Salgaonkar & Ors. (Supreme Court of India)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- Supreme Court of India
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Shakti Yezdani & Anr. Vs Jayanand Jayant Salgaonkar & Ors. (Supreme Court of India)
Introduction:
The Supreme Court of India recently delivered a crucial judgment in the case of Shakti Yezdani & Anr. Vs Jayanand Jayant Salgaonkar & Ors. The central question revolved around the rights of a nominee of shares and whether they enjoy absolute ownership or are subject to the laws of succession.
The Supreme Court of India in this case was considering the rights of a nominee of shares which was challenged by other legal heirs as according to them, the shares should be ...
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