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The Oil Pool Account is the buffer maintained by the Government of India that takes care of the fluctuations in the price of of petroleum products with the help of surcharges collected on sales and enables it to make the products available at stable prices decided by it over long periods. The difference in the inflows and the outflows of funds result in a surplus or deficit in the oil pool account.

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Is it illegal to authorize money to be taken out of your account and then close account there after?

It is not illegal to authorize money to be taken out of your account and then close the account. However, if the money has been withdrawn and there are outstanding charges or payments, it is your responsibility to settle them even if the account has been closed. It is advisable to communicate with the recipient of the funds to resolve any outstanding issues.


What are laws with siblings sharing a bank account and one takes all the money out but the other was who the money belonged too?

one of the problems with a joint bank account is everyone on the account has access to all the funds in the account. this also applies to overdrawn balances, if an account has a negative balance then all signers on the account can face the negative consequences. on the other hand if only one of the siblings in question is a signer on the account that person would have legal right to all the money in the account.


Can attorney place levy on bank account from default judgment unsecured credit account in the state of Texas in which the debtor lives?

Yes, in Texas, an attorney can place a levy on a bank account as a means to enforce a default judgment on an unsecured credit account. This levy allows the attorney to collect the specified amount owed from the debtor's bank account to satisfy the judgment.


Your sister has a joint bank account with your father what happens to his half after his death?

Upon your father's death, his half of the joint bank account would typically pass directly to your sister as the surviving account holder. It would not be included in his estate and would not go through probate.


Can your parents still have control over your bank account after you turn eighteen?

If they are signers on the account, yes. It is not a good idea to have an account with them once you are 18. Get your own and have them remove you from the old one.

Related Questions

What do you mean by oil pool account?

An oil pool account is a fund reserve maintained by the governments of many countries to protect citizens against fluctuations in oil prices. An example is the government of India.


How does oil get in a swimming pool?

Oil gets in a swimming pool because someone grabbed a bucket of oil and threw it in the pool.


What is the definition of due to?

on account of


What is meaning of pool account in share market?

pool account in share market means purchasing and selling of shares through directly broker's accounts.


Definition of checking account?

an account at a bank against which checks can be drawn by the account depositor.


How do you clean the vegetable oil from your pool that your husband put in to get rid of mosquitos?

Vegetable oil is relatively to get out of a pool that is filled with water. The oil does not mix with water and will stay on the top layer. It can either be scooped out in a cup or the pool can be drained and refilled.


What is the definition of blood pooling?

it means, blood building up in the heart like a pool.


What is the definition of administrator account?

lkm,k


How do you delete an 8ball pool account?

Someone can delete their 8ball pool account by simply sending an email to the site to tell them to delete their account. Someone can also just stop playing the game and not worry about, but if it is a problem, they can delete the account or simply make a new one.


How many liters of oil would fill a swimming pool?

That depends on the size of the pool is it a 2 stroke or a 4 stroke pool


What is mod balance in a bank account?

what is the mod balance in account what is the definition of mod balance


What causes oil to mix with the water in an inground heated swimming pool?

Do you have a pool heater? The oil could be "white oil," a refined mineral oil. Indicates a problem with the heat exchanger. Your heater doesn't need to be running for this problem to occur.