All 174 bye-laws / Chapter VII – Members, Rights, Nomination & Transfer
31
Bye-law No. 31
Nomination
Nomination by Members
Summary
A member or associate member may nominate one or more persons in the prescribed form (Appendix 14) to receive the shares and interest on death. The Secretary's acknowledgement is acceptance. The first nomination is free; every later change or revocation costs Rs. 100.