Legal Question in Banking Law in India

can Bank hold account of Account Holder on the ground that there are certain dues to the Bank.


Asked on 3/05/14, 7:12 pm

2 Answers from Attorneys

yes they can

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Answered on 3/06/14, 5:59 pm
Fca Prashant Chavan Expert Edge LLP

24.03.2014

Dear Sir / Madam,

Yes, the bank is authorized to withhold the A/c if there are outstanding unsettled dues owed by the A/c holder to the bank.

Regards,

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Answered on 3/23/14, 9:40 pm


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