Re: Banking

Yes, based on the ruling a banking notification was issued by the RBI. Though, the notification only states that the bank need to be cautious in relation where HUF is involved. Hence, you can consider approaching another bank.

Re: Banking

You may ask the bank to provide you reasons for refusal.

Re: Banking

You have to provide the reason given by the bank.There must be so many rulings of the apex court.

Re: Banking

As far as I know there is no Supreme Court judgment prohibiting opening of an account in the firm's name. But the account will be opened in the firm's name with A & B signing as partners and not B as Kartha of some HUF.