Bank deposit

prakash vka (Querist) 29 March 2012 This query is : Resolved
my father has bank deposit for more than 10 lacks my step mother is the nominee do I have any right over the deposit after the dead of my father

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bhagwat patil (Expert) 30 March 2012
You have every right upto your share if there is no will signed by your father.nominee is only custodian for the movable immovable property till the settlement of the claims within legal hairs

R.Ranganathan (Expert) 30 March 2012
Yes. Nominee has no right to the deposit unless she is one of the legal heirs.
All legal heirs have a right in the deposit.

V R SHROFF (Expert) 30 March 2012
both experts opinion is agreed. nothing to add.

Raj Kumar Makkad (Expert) 30 March 2012
I have also similar opinion. A nominee has a limited right.

R.K Nanda (Expert) 30 March 2012
Yes, as a Legal heir u have right in said

deposit.

Sailesh Kumar Shah (Expert) 30 March 2012
I have any right over the deposit after the dead of my father

Answer: Yes, you have absoulte right over the deposit.However, if you father left will behind him, then right would be deceided as per will.

Guest (Expert) 30 March 2012
As a legal heir, of course, you will have the right to claim your share, provided there is no will of your father in favour of your step mother. But, you will have to claim your share only from your step mother. Bank will not entertain your request as against its liability to pay only to your father's nominee.

malipeddi jaggarao (Expert) 05 April 2012
Agree with expert Mr.Dhingra. At the same time, you can approach the appropriate court and get the court orders to stop payment of deposit to the nominee. I agree with all experts as far as your right is concerned.

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