Legal Question in Banking Law in Pakistan

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.


Asked on 9/04/15, 10:25 am

3 Answers from Attorneys
Owais Ahmad Qadri United Law Associates

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

[email protected]

03335823132

03005823132

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Answered on 9/04/15, 9:07 pm
Salman Khan International Lawyer

The account must be ceased unless the court allows the successors to run it under exceptional circumstances.. For more consult [email protected]

Regards,

www.internationallawyer.info

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Answered on 9/05/15, 2:26 am
Adnan Bashir A B Choudry Law Firm

succession certificate should be directed in that matter.

[email protected]

0333-5492377

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Answered on 9/07/15, 8:42 am


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