My client has been granted a Letter of Administration by the Bombay High Court in respect of the estate of his deceased father. However the banks are insisting on the client providing two sureties who should be having net worth equal to or more than the value of the monies held in the accounts (in this case more than 30 lakhs). It is near to impossible to convince anyone to stand surety since the sureties feel that this may result in a liability. Need suggestions.. Would a Judges Order help?? Or a Consumer Case?
Any suggestions would be highly appreciated.
Regards,
Jonathan
