Legal Question in Banking Law in India
my father had left behind few fixed deposits where no one of his legal heirs are the nominee.can any nomine collect or encash the said fixed deposit without proper NOC from the legal heirs of my father?
Asked on 4/04/10, 3:58 am
3 Answers from Attorneys
J. Radhakrishnan
independent Practice
No one heir can collect the FD Proceeds without the concurrence of other heirs of your father
Answered on 4/04/10, 9:30 am
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
All the legal heirs may be required to obtain a certificate of inheritance and complete bank's formalities to claim the money.
Answered on 4/04/10, 5:47 pm
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
you may approach the bank if they can help you with it otherwise you may have to file a suit for succession or letter of administration.
Answered on 4/04/10, 11:20 pm
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