Menu
keyboard_backspace

Q. Legal Opinion

Placeholder image

Anonymous

posted 5 months ago

Q.Legal Opinion
Sir,
Please give your opinion on a deceased claim, Fixed Deposit worth Rs. 2500000 (Twenty Five Lakhs),
It is a Joint FD in the name of my Grand Mother and my Father, the nomination is also in my father name. My Grand Mother has 4 legal hires including my father. All the four members have given a letter (Notice) to bank saying hold the FD till all the family member amicable settle the matter but four years ago the matter dint solved. and now all are demanding equal share. My Grand Mother Expired 4 years ago & My Father expired 2 years ago.

When my father was alive he requested the bank to transfer the amount in his name as he is the joint holder and nominee of the FD.

The bank manager denied saying that we have received letters (Notice) (Two Own Written and One Lawyer Notice)

Now I approached the present Bank Manager regarding the same, the Bank Manager processed for the claim and completed the paper work formalities after 3 month now the present Bank Manager is saying that, My father could have taken the claim at that time only, now your father is also no more now the amount is to be equally divided.

Weather it is a mistake of previous Bank Manager that he denied for the claim or the present Bank Manager.

So please guide me with best legal opinion, and further process.

Thanking you.

Yours Faithfully.

---------------------

Please do not provide your contact details here. We share your contact details on demand from the client.

Your Registration is Incomplete. Please Complete the Registration

Sorry, Your Profile is not activated.

Sorry, You can't respond to the Question as your account has been blocked.

Response is Required

Response should be with in 4294967295 characters

~ and ` characters are not allowed

Symbols are not allowed (Excluding #)

# Symbols is required

Suneel Moudgil

Experience: 15 Year(s)

Responded 5 months ago

View All Answers

A. ) as it was a joint FD, therefore it will be treated as two FDs of RS. 1250000/- each, one of Grandmother and one of father,
now it will be distributed as follows-
the share of grandmother i.e. 1250000/- will be distributed in legal heirs of grandmother
the share of father i.e. 1250000/- will be distributed in legal heirs of the father

for detailed discussion call/mail me.

Reply is Required

Reply should be less than 4294967295 characters.

Helpful
Helpful
Share

Rameshwar Dadhe

Experience: 2 Year(s)

Responded 5 months ago

View All Answers

A. ) Yes sir all legal hair having equal shares.

Placeholder image

Anonymous

Replied 5 months ago

I think u r not focusing on nominee.

Reply is Required

Reply should be less than 4294967295 characters.

Helpful
Helpful
Share
Talk to a Lawyer
Post Your Matter
Request Callback
Contact Us