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                Get Annexure 7 - Noc Cum Declaration From Co-parceners For Deletion Of Name Of Existing Karta And
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How to fill out the Annexure 7 - NOC Cum Declaration From Co-parceners For Deletion Of Name Of Existing Karta And online
Filling out the Annexure 7 form is an essential step for co-parceners seeking to update the records with the bank after the passing of an existing Karta. This guide provides clear instructions to ensure accurate completion of the form online.
Follow the steps to fill out the form correctly.
- Click 'Get Form' button to obtain the form and open it in your preferred editor.
- Begin with the date field at the top of the form. Enter the date you are filling out the document.
- Address the form to the Branch Manager by writing the branch name where the account is held.
- In the reference section, specify the Savings or Current Account number along with the name of the Hindu Undivided Family (HUF) associated with it.
- In the declaration section, you must state your relationship to the existing Karta, who has passed away, and provide the date of passing. Attach a copy of the death certificate as an enclosure.
- Mention the name of the new Karta, specify their relationship to the deceased Karta, and affirm they are the surviving eldest male coparcener of the HUF.
- Request the deletion of the deceased Karta's name from the bank's records and provide details of the HUF account that the new Karta will manage.
- Ensure that all co-parceners sign the document for confirmation of their consent to delete the existing Karta's name and appoint the new Karta.
- Finally, review the completed form, save changes, and choose to download, print, or share the document as needed.
Complete your documents online to maintain accurate records and ensure a smooth transition.
Answer: Under the Hindu laws the senior most adult coparcener becomes karta of the HUF. The same rule applies to the appointment of Karta after the death of an existing Karta.
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