Hi, One of my friends parents died without making any will. Now he wants to transfer bank balance of his father in his own name. He has submitted all the documents now the bank is asking for Relinquishment Deed from him. Kindly let me know what's the purpose of this deed. How we can get it as early as possible. Whats the cost of getting this Deed. He along with his two sisters are the only survivor's/Legal heirs and for this he has given the Survivor Certificate to the bank in original.
Kindly reply at the earliest and help me.