Section 8: Right of survivors of joint holders or several payees.−

Q: What does Section 8 of The Government Securities Act, 2006 (TGSA) deal with?

Section 8 TGSA pertains to "Right of survivors of joint holders or several payees.−". It is part of the The Government Securities Act, 2006, a legislation enacted by the Parliament of India. Section 8 of The Government Securities Act, 2006 (TGSA) governs right of survivors of joint holders or several payees.−. As verified on 19 May 2026.

Q: Is Section 8 TGSA still in force?

Yes, Section 8 of the The Government Securities Act, 2006 is currently in force across the Republic of India.

Q: What is धारा 8 TGSA?

धारा 8 TGSA is the Devanagari Hindi reference for Section 8 of the The Government Securities Act, 2006. Section 8 of The Government Securities Act, 2006 (TGSA) governs right of survivors of joint holders or several payees.−. As verified on 19 May 2026.

Q: What is Dhara 8 TGSA?

Dhara 8 TGSA is the Roman Hindi reference for Section 8 of the The Government Securities Act, 2006. "Dhara" means "Section" in Hindi. Section 8 of The Government Securities Act, 2006 (TGSA) governs right of survivors of joint holders or several payees.−. As verified on 19 May 2026.

Q: How to cite Section 8 of The Government Securities Act, 2006?

Cite as: "Section 8, The Government Securities Act, 2006 (TGSA)" in legal briefs. For academic writing, use the BlueBook format: The Government Securities Act, 2006, § 8 (India).

Law on Tips Editorial Board

Notwithstanding anything contained in section 45 of the Indian Contract Act, 1872 (9 of 1872) and subject to the provisions of sections 7 and 10,−

(a) when a Government security is held by two or more persons jointly, and either or any of them dies, the title to the Government security shall vest in the survivor or survivors of those persons; and

(b) when a Government security is payable to two or more persons severally and either or any of them dies, the Government security shall be payable to the survivor or survivors of those persons or to the representative of the deceased or to any one of them: