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New Delhi: In a move aimed at reducing confusion and easing compliance, capital markets regulator SEBI on Friday simplified the process of transferring securities from nominees to legal heirs. In a circular issued, the regulator said that from January 1, 2026, all reporting entities, including depositories, listed companies, RTAs and depository participants, will be required…
Last Updated:August 12, 2025, 01:51 is The Allahabad HC dismissed appeals by the Uttar Pradesh government challenging compensation awarded to a woman after the deaths of her father and brother in a 2009 road accident In upholding the compensation awards, the Allahabad HC directed the state to release the money within 60 days, including any…
Last Updated:June 20, 2025, 08:04 is If both the policyholder and nominee pass away, other legal heirs can file a claim. Legal heirs usually include close family members such as the spouse, children, or parents If a will exists, the individuals named in it can also claim the insurance amount. (News18 Hindi) When taking out…
Last Updated:June 19, 2025, 17:02 is If no legal heir claims the gold or other belongings, they are held as unclaimed property for seven years; after that, ownership transfers to the government as per existing rules The recovered gold, cash, and other items are in the custody of the police or relevant government officials. (PTI/File)…