Nomination of shares

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..... r debentures of, a company are held by more than one person jointly, the joint holders may together nominate, in the prescribed manner, a person to whom all the rights in the shares or debentures of the company shall vest in the event of death of all the joint holders. (3) Notwithstanding anything contained in any other law for the time being in force or in any disposition, whether testamentary .....

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..... oint in the prescribed manner any person to become entitled to shares in or debentures of the company, in the event of his death, during the minority. ------------------------------ Notes:- [1] Inserted by the Companies (Amendment) Act, 1999, w.r.e.f. 31-10-1998. [2] See Form 2B, Companies (Central Government's) General Rules and Forms, 1999, w.e.f. 12-1-1999. -
Statute, statutory provisio .....

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