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Non-Obstante Clause In S. 109A(3) Of Companies Act 1956 Doesn't Exclude Legal Heir From Claiming Securities Against Nominee: Supreme Court

The Supreme Court has held that the non-obstante clause in both Section 109A(3) of the Companies Act, 1956 & Bye-law 9.11.7 of the Depositories Act, 1996, does not exclude the legal heirs from their. ....

Jayanand Jayant Salgaonkar , Justice Hrishikesh Roy , Abhimanyu Bhandari , Shakti Yezdani Anr , Harsha Nitin Kokate , Aniruddhaa Joshi , Justice Pankaj Mithal , Jayant Shivram Salgaonkar , High Court , Division Bench Of High Court , Supreme Court , Companies Amendment , Saraswat Bank Ltd , Bombay High Court , Companies Act , Depositories Act , Saraswat Co Operative Bank Ltd , Single Judge , Division Bench , Single Bench , Shakti Yezdani , Rohit Anil Rathi , Companies Act , Egal Heirs Rights Over Securities , On Obstante Clause Interpretation , Ecurities Ownership And Nominee Dispute ,

Nomination Process Under Companies Act Does Not Override Succession Laws: Supreme Court

The Supreme Court has held that the nomination process under the Companies Act, 1956 (pari materia Companies Act, 2013) does not override succession laws. It is beyond the scope of the company s. ....

Justice Hrishikesh Roy , Justice Pankaj Mithal , Aniruddhaa Joshi , Harsha Nitin Kokate , Abhimanyu Bhandari , Jayanand Jayant Salgaonkar , Shakti Yezdani Anr , Jayant Shivram Salgaonkar , Saraswat Bank Ltd , Division Bench Of High Court , Bombay High Court , Supreme Court , High Court , Division Bench , Companies Act , Indian Succession Act , Depositories Act , Saraswat Co Operative Bank Ltd , Single Judge , Shakti Yezdani , Rohit Anil Rathi , Companies Act , Indian Succession Act , Intestate Succession , Hakti Yezdani Amp Anrv Jayanand Jayant Salgaonkar ,