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The apex court said the vesting of securities in favour of the nominee was for the limited purpose of ensuring there is no confusion pertaining to the legal formalities to be undertaken upon the death of the holder.

Tahira karanjawalaSameer jainDinesh pednekarSashank agarwalKaranjawala coSupreme courtIndia supreme courtRohit anil rathiHindu succession actIndian successionCompanies actDepositories actEconomic lawsCompanies actSuccession laws