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Fixed deposit- Nominee Qn. My mother has a fixed deposit in a bank and appointed my brother as the nominee. And we are 4 children. My mother passed away in last year. So my question is that, Only my brother has the right to withdraw the money? Is there any legal issues? We don't have any rights on it. Is there any law to divide the amount to all of us.? Replied, Adv. Panel of IndiaLawsonline, 10 hrs 23 mins ago
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