Legal Question in Civil Litigation in India
what is the procedure to get the bank deposit if both the depositor and the nominee has expired
Asked on 2/08/13, 3:47 am
3 Answers from Attorneys
Jayesh Desai
Jayesh Desai
If the amount is not very big, then the Branch Manager, normally has power to release on indemnity & undertaking. If he insists you may have o obtain a succession certificate for the same.
Answered on 2/08/13, 9:28 pm
Sanjay Kalra
Sanjay Kalra & Associates
Legal heir(s) have to apply for succession certificate before the court.......Please check Sanjay Kalra and Associates on the internet to know more about our law firm and the legal services we are rendering for our clients from all over the World.
Answered on 2/10/13, 11:09 pm
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