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Death of father what’s happens in bank accounts


29-Sep-2023 (In Corporate Law)
What happens to sole proprietor business and what is needed to be given to bank to get money if no nomination or will exists.
Answers (2)

Answer #1
691 votes
Are you need to hire an advocate in this regard in order to get a certificate from the concerned court which is called succession certificate …after the demise of anybody if you want the movable properties of that person …you have to get the succession certificate from the concerned court thank you so much and be in touch
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Advocate D. Khan

Adv. D. Khan

LawRato Delhi | 1000+ Answers
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Answer #2
519 votes
legal heir has to obtain letter of administration or succession certificate from court of law for which petition shall be required to be filed in court where deceased resided. after obtaining stated certificates the same shall be required to be furnished before bank and authorities.
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Advocate Siddharth Srivastava

Adv. Siddharth Srivastava

LawRatoDelhi | 100+ Answers
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