Which of the following is TRUE for simultaneous nomination?
AProportions may be optional
BEntire deposit need not be covered
CMaximum two nominees allowed
DEntire deposit must be fully covered
AProportions may be optional
BEntire deposit need not be covered
CMaximum two nominees allowed
DEntire deposit must be fully covered
Related Questions:
Assertion (A): Garnishee Order applies to future deposits.
Reason (R): It freezes all incoming funds.