Amendment status not verified — confirm the current text below against the official source.
(a) In a case where some person/persons other than a member of the family has/have been nominated, and it is found on an enquiry conducted or cause to be conducted by the Managing Committee that the deceased commission agent had a family at the time of his/her death, then the amount due shall be paid to the family of the deceased. The order of preference for payment shall be that given in the definition family member to whom the amount due happen to be a minor, the amount/share due to such minor (s) under the scheme should be paid to the surviving wife/husband ie. Mother/father or the minor of the deceased subscriber for the benefit of the minor after obtaining stamped receipt for the payment. In the absence of wife/husband (ie. Mother/ father of the minor) of the deceased, the amount will be paid to legal guardian of the minor for the benefit of the minor. (b) If the enquiry shows that the subscriber had not acquired a family, the amount can be disbursed to the nominee (s) specified in the nomination filed by him. (c) In case of subscribers who do not have a family but die in harness without filling a nomination, the Managing Committee shall consider the claim for payment, if any, preferred and on being satisfied of the genuineness of the claim, after making nor causing to make such enquiries as they deem fit, sanction the same. The payment shall be made only after getting an indemnity bond duly executed by the claimant in the form prescribed in form No. C. 11 duly stamped for the gross amount due for the payment with two sureties of known financial stability. The claimant as well as the sureties executing the bond should be persons who have attained majority. Where two or more persons claim the amount, each should execute indemnity bond individually. (d) In case there arise any doubt to the claimants legal right to the amount the under the scheme, payment will be sanctioned only to the person who produces a succession certificate, In case where the claimants are minors the amount due under the scheme will be sanctioned only on production of a succession certificate from the court. (e) The amount sanctioned will be disbursed by a crossed cheque drawn in favor of the claimant/employee or the nominee (s) as the case may be.