Citibank Na — KYC and closure of accounts

Address:Citibank NA, Fort, Dr D. N. Road, Mumbai

Mr. S. V. Ghatalia has an account No: [protected] with Citibank. Mr. S. V. Ghatalia passed away on 10 September 2008. This account is mentioned in the probate of the Late Mr. S. V. Ghatalia as his asset. This account has been kept open because the estate of the Late Mr. S. V. Ghatalia has not been wound up due to matters pending in court and nothing can be done until the court takes up the matter for a hearing and issues final orders. Since 2008, this account has been kept open because of cheques coming directly into the bank account from dividends and fixed deposits. Now Citibank is asking for KYC documents which cannot be produced as Mr. S. V. Ghatalia and Mrs. U. S. Ghatalia both joint holders have passed away and are no longer alive. Under such circumstances, please advise if the account can be kept open until the final court orders are obtained. immense hardship will be caused if the account is closed.

Please call me on [protected] for any further information or clarifications you may.

This matter is urgent because Citibank has given me only a week's notice to close the account. I require a direction from RBI that the account can be kept open until final orders of the court are received.

Nanak Ghatalia (Son of the Late Mr. S. V. Ghatalia and Mrs. U. S. Ghatalia and an Executor to the estate of the Late Mr. S. V. Ghatalia)
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