deceased sole propprietorship a/c
This query is : Resolved
bambam kr singh
(Querist)
29 April 2009
to whom bank will make payment if proprietor of sole proprietorship firm has died.
29 April 2009
To the successors as per the Succession Certificate or to Legal Heirs named in the WILL, if any, Or the Nominee to the account, if nomination has been registered by the bank. Usually nomination facility is not available in Current Accounts.
taxindiaconnect
(Expert)
29 April 2009
I agree with Mr. Ahuja
Manmohan ACA, CS
(Expert)
30 April 2009
agree with Mr. Ahuja
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