Closing of Current Bank Account
This query is : Resolved
05 November 2020
can authorised person close the bank account sole proprietor bank account
05 November 2020
Yes, Proprietor has all the right to close current account.
Authorised person can right letter take signature of Proprietor can initiate bank account closer.
Authorised person can right letter take signature of Proprietor can initiate bank account closer.
05 November 2020
Do you Meen Sir that Authorised person doesn't have the right to Close Current Bank Account of Sole proprietorship bank Account in Propertie Absence.
05 November 2020
I DONT THINK SO BANK WILL CLOSE ACCOUNT ON THE BASIS OF AUTHORISED PERSON INTIATE , AUTHORSED PERSON STILL CAN APPROACH BANK MANAGER FOR CLOSER OF CURRENT ACCOUNT .
17 November 2020
Sir if there is no nominee named in Current Bank Account as Account was opened more than 40 to 45 years ago and most of all rules and regulations have changed after 2014 as far as I know and I was authorized person in the Account by my father who was Proprietor and He died in 2009 and he hade closed the Firm legally but didn't close the Current Account and as a Authorized do I have the Rights to close the bank account or my mom has the rights to close the account?
20 November 2020
Sir if there is no nominee named in Current Bank Account as Account was opened more than 40 to 45 years ago and most of all rules and regulations have changed after 2014 as far as I know and I was authorized person in the Account by my father who was Proprietor and He died in 2009 and he hade closed the Firm legally but didn't close the Current Account and as a Authorized do I have the Rights to close the bank account or my mom has the rights to close the account ?
02 October 2021
Only nominee in the account can apply for closure, not any authorized person.
Otherwise,
For closure of any bank accounts of a deceased person, you need to submit a copy succession certificate.
Otherwise,
For closure of any bank accounts of a deceased person, you need to submit a copy succession certificate.
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