Amrutharaj (BA) 19 January 2021
G.L.N. Prasad (Retired employee.) 19 January 2021
Immediately file a complaint and stop payment and ask the bank not to settle the nomination. Contact a local advocate and get a notice issued to the bank and to the designated nominee. A nomination is an instruction to the bank to pay the amount to that nominee, and the nominee becomes only a trustee for all co-sharers and can never become an absolute owner for the entire fixed deposit amount. Move swiftly.
Amrutharaj (BA) 19 January 2021
Thanks for the information, we have approached a lawyer to file a case.
G.L.N. Prasad (Retired employee.) 19 January 2021
What more you require when a professional is already engaged by you?
Amrutharaj (BA) 19 January 2021
The lawyer we approached said the same and also said that the bank will be in favor with my brother in law as my father in law is with him so I am little concerned.