Bank is duty bound to give the amount to nominee in any case | High Court Order

In this video we have discussed about the two latest judgement of Hon'ble High Court of Allahabad in which they clear that the Bank is duty bond to give the credit balance of deceased bank account holder to nominee in any case. To know the facts and the details watch this video till end. #nominee #highcourtjudgement #latest #deceasedbankholder #succession #RBI #important #new #latest #clarify #knowyourrights #allyouneedtoknow #right #law #legalrights #legalawarenessprogramme #brijeshjauhari Definition of Nominee: A nominee is a representative chosen by an individual to receive their assets or funds in the case of their demise. A nominee has no legal right to the assets and has to oblige to the transfer of wealth according to legal heirs stated in the individual's last registered will. Act and section used in this video are: Section 45 ZA and section 35(1) of Banking Regulation Act,1949 Chapters 0:00-03:25 (Introduction) 03:26 (High Court Judgement-I) 09:01 (RBI Circular) 10:29 (High Court Judgement- II) RBI Circular Link: https://www.rbi.org.in/commonman/Uplo... Watch my playlist about:    • Insurance   Check out my playlist on:    • General Law   Watch my playlist about:    • Court Proceeding   Check out my playlist on:    • Property Dispute   Watch my playlist about:    • Family Law   Check out my playlist on:    • GST   Watch my playlist about:    • Income Tax   For more information, visit my website: www.brijeshjauhari.com