bhavinkshah 15 May 2015
Hi Friends
If a person under Provident fund scheme has nominated somebody to receive the fund post to the death, I want to know that the amount will go to nominee or to All legal heirs.
Eg. Wife nominates only childs. Is husban also eligible to ge tthe money as legal heir.
bsrao 15 May 2015
The nominee is entitled for the funds after the death of the nominator. Legal heirs will come into picture if there is no nomination.
AAK (Advocate) 15 May 2015
I disagree with the veiws expressed by Mr.bsrao. Nominee will be just acting as trustee for such amount. Only legal heirs will be entitled for that amount.
Sudhir Kumar, Advocate (Advocate) 16 May 2015
legal heirs have nothing to do in case of provident fund.
I will react further when you spell out which provident fund it is.
Sudhir Kumar, Advocate (Advocate) 20 May 2015
female empoyee has option to exclude spouce from nomination and it is bindi nomination
YOu are not coming with full facts.
Sudhir Kumar, Advocate (Advocate) 20 May 2015
repeated
https://www.lawyersclubindia.com/forum/Rights-of-pension-fund-nominee-vs-legal-hair-121139.asp#.VVyVMVKupVJ
Member Strength 9,46,516 and growing..
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
