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Section 45ZA talks about
Nomination for payment of depositors' money
Validation of certain proceedings
References to Directors, etc., shall be construed as including references to past Directors, etc
None of the above.
Where a deposit is held by a banking company to the credit of one or more persons, the depositor or, as the case may be, all the depositors together, may nominate, in the prescribed manner, one person to whom in the event of the death of the sole depositor or the death of all the depositors, the amount of deposit may be returned by the banking company.
By: SHIKHA PURI ProfileResourcesReport error
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