VISHIN N.KHANCHANDANI vs VIDYA L. KHANCHANDANI

The Supreme Court addressed the entitlement of nominees under the National Savings Certificates upon the death of the holder, specifically interpreting Section 6 of the Government Savings Certificates Act, 1959. The Court held that the nominee is entitled to the amount due under the certificate to the exclusion of other heirs, affirming the High Court's decision to grant a succession certificate in favor of the widow and daughter of the deceased. The Court clarified that the nominee's rights do not extend to retaining the amount for the benefit of other legal heirs.