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deceased sole propprietorship a/c

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(Querist)
29 April 2009 to whom bank will make payment if proprietor of sole proprietorship firm has died.
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CA RAMESH KUMAR AHUJA

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CA RAMESH KUMAR AHUJA (Expert)
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.
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taxindiaconnect

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taxindiaconnect (Expert)
29 April 2009 I agree with Mr. Ahuja
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
30 April 2009 agree with Mr. Ahuja

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