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by Mahindra Finance
July 21, 2023
|1 mins read
Section 72 of the Companies Act, 2013 provides the facility of nomination to shareholders. This facility is mainly useful for individuals holding shares in sole name. In the case of joint holding of shares by individuals, nomination will be effective only in the event of death of all joint holders.
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Quick Summary Meet Rajesh, a 28-year-old transporter from Haryana who recently received a long-pending payment of ₹2 lakhs from a client. He didn’t need the money for the next 15 months. Like many...
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