Disbursement of money by foreign bank in india
shanmuga sundaram
(Querist) 25 September 2012
This query is : Open
sir,a family compromise decree has been passed by a dist court in tamil nadu.in accordance with the decree a foreign bank in chennai has to disburse the compromised amount to the mother of her late son.Now the bank has come up with the reply that the dist court decree passed by the indian court has to be re-sealed in singapore court ,as the account has been opened in singapore booking center as globe deposit account.Now the problem is that ,is this not the bank's responsibility to get the required 're-sealing, in singapore through their own branch in singapore??.The indian lawyers are not allowed to practice in singapore courts,&the web site suggested by the bank in india,appears to be expensive &time consuming.The law offices services in india also no way better.kindly enlighten me. kpssm
