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Freeze bank account for debits

(Querist) 24 September 2018 This query is : Open 
Procedure and possibility to debit freeze joint savings account

Kindly guide me as to how to debit freeze joint savings account.

It is joint account with 7 members of a family and can only 1 member request the bank to debit freeze account?

The joint account is misused with unauthorized withdrawal and transfers to other single account with no accountability by 2 members out of 7 and the rest 5 are unaware of it. The funds belongs to say 1st member but siphoned out by the 6th member and 7th member.

Requested Bank but not cooperating stating

Quote

"The account Mode of operation is with survivorship clause, we cannot block account on instructions of one of the holders."

Unquote

Is there any regulation or rule available issued by Reserve Bank of India which can be presented to bank for getting the debit freeze.

Thank you for your help.
Milcheal
Dr J C Vashista (Expert) 25 September 2018
Consult your banker, it is procedural query and no dispute is involved for obligation from experts on this platform.
In Need of Help (Querist) 26 September 2018
Sir,.

Thank you.

I sincerely hope your reply is based on the following comments that I have posted. Sir.
Quote
Requested Bank but not cooperating. Stating
Quote
The Account Mode of Operation is with Survivorship Clause, we cannot block on instructions on instructions of one of the account holders..
Unquote

My query further states
Is there any regulation or rule available issued by Reserve Bank of India which can be presented to Bank for getting the Debit Freeze.
Unquote

With due respect, Sir, if you were to advise that please go to court then I can understand but here the bank is not cooperating and you
suggests consult "your banker". You meant the same bank refused to entertain? or any other?

I have approached "Expert" only after receiving response from Banker. If there is no reply or advise or knowledge to impart to me then would be best by saying that "it is not possible for Experts to guide to you as experts also lack knowledge and inforamtion""

Thank you
Please have a nice day


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