Legal Question in Banking Law in India
banking law
if nominee and joint account holders expire then by whom the account is operated?
Asked on 10/01/07, 7:32 am
1 Answer from Attorneys
Vijay Chandavale
Advocate Vijay Chandavale & Associates
Re: banking law
If the account holder's nominee and joint account holder dies the account can't be further operated and proceeds would be required to be remitted to legal heirs of account holder
Answered on 10/12/07, 11:32 am
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