Legal Question in Banking Law in India

An individual was maintainining a bank account with the Bank and he had given his son as nomineee of the account. He had died. The Bank was not however informed about death. However after his death a cheque was deposited to his account and a substantial amount was credited to his account. Now the nominee has claimed the balance in the account, including the amount of cheque credited. Is it proper for the bank to release the entire amount to nominee. Or should be bank obtain discharge from the legal heirs also, as the amount as per cheque was deposited after the deeath of the account holder. What is the legal position.


Asked on 2/24/12, 6:03 pm

2 Answer from Attorneys

U may file civil suit

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Answered on 2/25/12, 9:28 pm


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