Beneficial Interest - The Legal Chamber

This Supreme Court judgment clarifies that a nomination under the General Provident Fund Rules only authorizes receipt of funds and does not confer absolute title. When a nomination becomes invalid due to the subscriber acquiring a family, the amount must be distributed equally among all eligible family members, regardless of any unmodified nomination. Facts Of The Case: The dispute arose from the death of Bolla Mohan, a government employee who died in service on July 4, 2021. Upon joining service in 2000, the deceased had nominated his mother, B. Suguna (respondent No. 1), as the recipient of his General Provident Fund (GPF), Central Government Employees Group Insurance Scheme (CGEIS), and Death cum Retirement Gratuity (DCRG). However, on June 20, 2003, he married Bolla Malathi (the app...

The Supreme Court held that a party cannot raise a plea of estoppel against law after its own conduct induced the other party to alter its position to its detriment. The doctrine of election and estoppel by conduct precludes a party from approbating and reprobating, thereby preventing it from challenging the validity of a compromise decree it had previously accepted. Facts Of The Case: The respondents, claiming the appellants had been removed as trustees, filed a suit for a perpetual injunction to restrain them from entering a school run by Guru Tegh Bahadur Charitable Trust. The Trial Court rejected the plaint under Order VII Rule 11 CPC, holding the suit was barred by Section 92 CPC. During the pendency of the respondents' appeal against this order, the parties mutually appointed a sol...