kishore kumar 17 October 2024
The Perfect Solutions (Advocate) 17 October 2024
To get the money from the Bank, it is mandatory to produce the Legal Heir Certifidate. Though the revenue officials do not maintain records, the revenue officer has to visit the place and enquire people to know the legal heirs of the deceased persons and issue a certificate.
T. Kalaiselvan, Advocate (Advocate) 17 October 2024
It is pertinent that a succession certificate issued by court should be submitted to Bank to claim the money lying in the account of the deceased.
If the Municipality issued survivor certificate will be okay for the bank then she can apply for it from the local municipality by complying with all requirements.
Dr. J C Vashista (Advocate ) 17 October 2024
It is the revenue authorities (SDM /Tehsildar) to issue legal heir / surviving member certificate.
Real Soul.... (LEGAL) 18 October 2024
The money can be released only upon issuance od sucession cerificate from district court
kishore kumar 18 October 2024
P. Venu (Advocate) 18 October 2024
A good question paper! There are statutory norms issued by the Reserve Bank which could be accessed on the internet.