/cdn.vox-cdn.com/uploads/chorus_asset/file/25844045/Screenshot_2025_01_23_at_2.05.21_PM.png?w=400&resize=400,250&ssl=1 "Bill Gates’ nuclear energy startup inks new data center deal")
Nominee: From trustee to owner–a case for legislative reform
Source: Live Mint For most Indians, succession planning for assets like government small savings schemes (SSS), provident funds, insurance policies, bank deposits, and securities feels assured through nomination. Yet, under the Indian Succession Act, 1925, and relevant personal succession laws, a nominee is deemed merely a trustee. The nominee’s legal role is limited to collecting…