Nominee received money of deceased from bank's/ Financial institutions as a nominee of deceased. How can the legal heirs of the deceased recover such money fron nominee who received the money.
Advocate Bhartesh goyal (advocate) 05 December 2022
Nominee is only trusty of deceased's funds and not owner,he has to disbursed the funds to legal heirs of deceased, if he does not disburse then legal heirs may issue notice for demand to nominee and thereafter file suit for recovery of deceased's money against nominee.
SHIRISH PAWAR, 7738990900 (Advocate) 05 December 2022
Yes, the nominee is a trusty of the money and property of a deceased person. You have to file a suit in the civil court against the nominees for recovery of your share.