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Mahadevan (manager)     10 October 2015

Deceased bank account

For payment of Balance in the Deceased Account,  with production of Legal Representation (probate of will obtained) Is it must to give Letter of indemnity and surety or there is no need as during process of probate, court verifies everything.



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 2 Replies

Sumit Nandvani (Advocate)     10 October 2015

yes it is neccesary to give both indemnity and surety. For further query please contact me Sumit Nandvani(Adv) 8826550368

Kumar Doab (FIN)     10 October 2015

Was the bank also a party in case!


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