Legal Question in Banking Law in India

Nomination

Whether subsequent nomination to bank deposit will cancel the earlier nomination


Asked on 8/22/07, 7:29 am

4 Answers from Attorneys
kavitha balakrishnan kpp associates

Re: Nomination

it change of nomination form will contain a clause saying that all earlier nomination shall stand cancelled.

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Answered on 8/25/07, 3:49 am
J. Radhakrishnan independent Practice

Re: Nomination

Yes, There is a form of variation of the nomination to be signed. If done,it will cancel the previous nomination. If already done, it cancels the previous nomination.

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Answered on 8/22/07, 10:02 pm
Homi Maratha N.N. Maratha & Co.-Advocates

Re: Nomination

yes you need to fill the form of variation and it will cancel the previous one

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Answered on 8/23/07, 1:38 am
G. M. Gupta gmguptaandassociates

Re: Nomination

yes

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Answered on 8/23/07, 2:15 pm


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