Legal Question in Banking Law in Pakistan

An illiterate woman is maintaining a photo account in a bank with credit balance of Rs.600,000/-. Now recently son of the woman account holder approached the bank informing that his mother has paralyzed and she has to make payment of Rs.500,000/- to his nephew. In order to have thumb impression on cheque two branch's officials went to lady account holder house and found that she is paralyzed and even not recognizing/recalling that she was maintaining a bank account. Please advise under the stated situation, how should bank proceed to clear cheques of the lady account holder.


Asked on 2/11/13, 6:50 pm

1 Answer from Attorneys

in this situation the son of the lady has to move court of session for permission in this regard , stating and explaining the real state of affairs.

Read more
Answered on 2/28/13, 4:17 am


Related Questions & Answers

More Banking Law questions and answers in Pakistan