NOMINATIONS (Rule 7)
1) Nomination in the prescribed form nominating one or more persons indicating the share payable to each of the nominees in the event of his death. (2) If Family exists at the time of nomination it should not be in favour of any person other than the member of the family. (3)If no family exists at the time of nomination, he shall provide in the nomination that it shall become invalid in the event of his acquiring a family subsequently. (4) A subscriber may at any time cancel a nomination by sending a notice to AO, and send a fresh nomination. ( First Schedule)
1) Nomination in the prescribed form nominating one or more persons indicating the share payable to each of the nominees in the event of his death. (2) If Family exists at the time of nomination it should not be in favour of any person other than the member of the family. (3)If no family exists at the time of nomination, he shall provide in the nomination that it shall become invalid in the event of his acquiring a family subsequently. (4) A subscriber may at any time cancel a nomination by sending a notice to AO, and send a fresh nomination. ( First Schedule)