How to encash draft in name of minor
iti
(Querist) 27 November 2012
This query is : Resolved
A mother has received a demand draft in name of her 8 yr old child ten days ago as maintenance of child from his father in court .How can it be encashed by mother now ?
Devajyoti Barman
(Expert) 27 November 2012
She can open an account in the name of the child where mother would operate the account as the guardian of the child.
iti
(Querist) 27 November 2012
Devajyoti ji
Just opening the account would give her right to get the amount of demand draft or any otherr formality is required?
Sudhir Kumar, Advocate
(Expert) 27 November 2012
why do not you contact the bank. It is legal forum and you query is on the day to day procedure of the banks which bank clerks know batter.
Raj Kumar Makkad
(Expert) 28 November 2012
Now bank accounts of minors are being opened by banks so get it done and deposit the DD therein.
Sudhir Kumar, Advocate
(Expert) 28 November 2012
fresh query at http://www.lawyersclubindia.com/forum/Can-mother-encash-demand-draft-in-name-of-minor-child-70591.asp#.ULWQJ2fRDWM
Raj Kumar Makkad
(Expert) 28 November 2012
If a person shall raise similar query again and again, how the experts shall cope up with such attitude?
ajay sethi
(Expert) 28 November 2012
repeated query no reply
Sudhir Kumar, Advocate
(Expert) 28 November 2012
the query is on procedure adopted in bank and not on point of law. The querist (unless having more facts) is free to meet bank manager and at times such queries are replied by Sr peons of the bank at inquiry counter in any case any clerk can answer.