Q11
What is the position of the nominee under The Hindu Succession Act, 1956?
A.
Nominee retains the amount or property received under nomination and is thus entitled to it
B.
Nominee entitled to receive amount or property holds it as trustee
AnswerC.
A nominee is equivalent to the heir or legatee with regards to property or amount under nomination
D.
None of the above
Answer: Option B
Solution
Answer: Option B
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