Dear Experts,
My father and his brother ( A & B) hold a joint Demat account in which shares worth Rs. 15 lakhs is held. My Father ( A) died WITHOUT a NOMINATION, or WITHOUT a WILL. I am the only Legal Heir of my father. ( Son of A) .
Now my uncle (B) is not willing to give me half the share of the shares held in the demat account, saying that I am not entitled to shares in the joint demat account of my father. He is saying "He is not legally bound to give any holdings to the the legal heirs of the expired joint holder", and his stand is "Upon death of a joint holder in a Demat account, the whole holdings in the joint Demat account becomes the sole property of the surviving holder in the Demat account"
Please advise me can I claim half of the shares held in the demat account please ?
Respected experts, please advise me am I not entitled to the half the shares held in the demat account?
My Humble Thanks
