Nominee vs legal heir: What is the difference and who has claim on assets?
Many mistakenly believe nominees automatically inherit assets, but legal heirs hold ultimate ownership. Nominees act as temporary custodians, facilitating asset transfer. Understanding this distinction is ...
Sebi eases securities transfer, introduces TLH code; simplifies nominee-to-legal heir process
SEBI has introduced a simplified framework for transferring securities from a nominee to a legal heir, aiming to reduce tax and compliance burdens. A new ...
