Legal Question in Consumer Law in India

Recovering money from Punjab National Bank

I've filed an application in Punjab National Bank to receive the fund from my father's account who expired without nominating me as his heir.

I never imagined that in 21st century these Banks would continue to function like some age old sick governemnt system.

I've no idea what is going on with my application and no one in the PNB is able to provide an answer either.

Even though I've filed complain with higher authorities including the Managing Directory but I've no faith in these incompetent officers.

My question is how can I get the fund recovered with easiest route?

What are the options for me in the Law? Consumer court? it will take another age to settle the case.

Any other quick solution?

Tx.


Asked on 7/19/09, 9:02 am

4 Answers from Attorneys
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: Recovering money from Punjab National Bank

You may be required to complete all formalities as may be informed to you by the Bank.

In the event of bank's failing to deal with your respective with a positive response, you may consider the option of approaching the consumer courts.

Read more
Answered on 7/19/09, 9:06 am
Aniruddha Pawse Aniruddha.P.Pawse Advocates

Re: Recovering money from Punjab National Bank

before approaching consumer court you may write to Reserve Bank.

Read more
Answered on 7/20/09, 1:43 am
KAMAL GROVER

Re: Recovering money from Punjab National Bank

File an RTI application to know the reason for not releving the amount and then Reserve Bank of India and then consumer court.

Regards

[email protected]

Advocate, M: 09814110005

We also deal in every High Court of India.

For detailed query feel Free to Contact us

We have a team of Advocates, having office in almost every High Courts of India

Our team consist retired judges and Senior Advocates also.

We are able to guide and solve the cases efficiently.

We also have channel partners in various other countries also.

We strive for your rights.

Good Luck

Read more
Answered on 7/20/09, 3:27 am
Rohini Kumar Tenneti R.K.1080 LEGAL SERVICES

Re: Recovering money from Punjab National Bank

You can exercise your right by making a complaint in the Banking Ombudsman before approaching any other office.For details of Ombudsman log on to www.rbi.org.in

Read more
Answered on 7/20/09, 4:41 am


Related Questions & Answers

More Consumer Law questions and answers in India