Legal Question in Banking Law in India
Can 1 joint holder freeze the a/c or the decision of both the joint holders is necessary(if the a/c type is "either or survivor")?
Asked on 6/21/14, 5:13 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
21.06.2014
Dear Sir / Madam,
The consent of all the joint A/c holders is required to freeze the A/c.
Regards,
Answered on 6/21/14, 6:17 am
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