Hardij (Champu) 19 July 2015
Hello
My mother had put fixed term deposit on my son (her grand son and minor) name and nominee name is mine. So first name is of my son and second is mine.
My mother was keeping Certificate with her. Now after her death, My father is not giving us fixed term deposit certificate and creating problem for us. I want to know how will i get money as its going to mature within a month.
Is there any solution for this so i dont have to argue with arrogant father?
P.THANGAVEL (ADVOCATE & LEGAL CONSULTANT) 19 July 2015
Here, there is no cause for worry as the Deposit is standing in the name of your son and nomination is made in your favour.Your son happen to be legal holder of deposit and your being his legal guardian , you have every right to approach the bank concerned to get a duplicate deposit receipt by executing suitable indemnity as per bank's format.
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