Nomination under Companies Act/Depositories Act isn't a 'super will' that displaces the law of succe

Companies Act : Nomination under sections 109A and 109B of the Companies Act,1956 (corresponding to section 72 of the Companies Act,2013) or under Be-law 9.11 of the Depositories Act,1996 only provides the company or depository a legally valid quittance so that it does not remain answerable to a raft of succession litigations and an endless slew of claimants under succession law. The company or depository gets a legally valid discharge but the nominee continues to hold in a fiduciary capacity