Legal Question in Banking Law in India
We husband and wife are maintaining a locker with the operating instructions as Either or survivor. Can any one of us go to the branch get the locker account closed by surrendering the Key to the Bank.
Asked on 5/02/11, 6:08 am
3 Answers from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
in case the signatures of both were required at the time of opening the locker and its a joint locker, the same would be closed by both of you.
Answered on 5/02/11, 8:26 am
Sanjay Kalra
Sanjay Kalra & Associates
If both of you are alive then both of you are required to close the locker together.
Answered on 5/02/11, 10:32 am
Aniruddha Pawse
Aniruddha.P.Pawse Advocates
to avoid further complications its better that both should go to Bank together
Answered on 5/02/11, 10:27 pm
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