My father in law(FIL) died to leave some stock in his demat account. He made nominee to my brother in law at the time of starting of share transaction in 1994. in 2002 FIL verbally detach his son from all relations and property. I got married in 2004. FIL suffering with liver cancer which was detected on 2007. he died on July 2009. he spend his last year in our house. but when he passed away, my mother in law called her son to maintained rituals. after a year of that death, my brother in law sold some stock and transfer rest of stock to his demat account from FIL demat account, without taking any permission from his sister.
now my question
is that transaction lawful or not? can my wife demand her share from those stock or equal amount of her share.
Refer my post “Nominee rights-Different rules for different products !!!“.