Question

60x64
sarfraz
Question

Dear Sir, Let me clear, that one of our account holder maintaining joint account (03 members) with the bank, operating instruction is either or survivor. One of his/her family member has died 05 years ago. Now two survivor customers want to activate the said account. Also they want to clear an instrument (Not negotiable) of Rs.55,000, which is on the name of his/her deceased person. Please advice accordingly.

Answer by Lawyer

Answer

Dirct two accaount holders to provide successions certifacte and court orders.

Answer

The account must be ceased unless the court allows the successors to run it under exceptional circumstances..

Answer

succession certificate should be directed in that matter.