Letter Of No Objection Template

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LETTER OF NO OBJECTION
(not required in case of Nomination.)
Date:
A/C no : _______________
DP ID IN302814
To,
The Manager,
Sole/ First Holder : __________________
Kotak Mahindra Bank ltd.
5th Floor,Vinay Bhavya Complex
Second Holder
:__________________
159-A,CST Road, Kalina, Santacruz (E)
Mumbai: 400 098.
Third Holder
:__________________
Dear Sirs,
Re: Transmission of security balances standing in the names of
Late___________________ under client id____________ DP ID IN302814
1. In connection with the above, I wish to inform you that Mr./Mrs.___________ expired on
_____________ans was holding the following securities under the Client id________
and DP ID IN302814.
ISIN
Name of Company
No. of Securities.
2. I the undersigned, residing at ________________, am a legal heir of the said deceased.
3. I do not desire to make any claim of title of the said securities and have no objection
whatsoever in transmitting the said securities in the names(s) of Mr./Mrs._________________
who has/have opened a beneficial owner accounts(s) under Client Id _____________________
DP ID IN302814
4. In consideration of registration of the aforesaid securities in the client account of
Mr./ Mrs.________________________ under DP ID IN302814 Client Id_______________ at
my request, I hereby agree to renounce all my rights existing as well as they may accrue to me in
future in respect of the aforesaid securities
.
Signed in presence of
___________________________
____________________________
Bank Manager
Signature of legal heir
Full name and address of Bank Manager
__________________________________
__________________________________
Note: This letter of No objection should be signed by each legal heir separately.

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