I am the only director of a PTY. The other director pass away 14 months ago. I took over all the other directors duties for the day to day operations ever since she passed. I have signed personal sureties for all accounts and outstanding creditors. I have been a director on paper for more than 3 years. The executor on the deceased estate wrote a letter to the bank and the account has been frozen ever since. I have asked Cecilia Smith at Standard bank Louis Trichardt (the person who works with the account) for a copy of this letter and reason why I the legally responsible person for the account and business cant access fund and in 3 weeks no response. I had a lawyer write to the bank requesting an explanation for funds frozen and with one week passed no response. I am getting letters of demand and summons for accounts that is behind of the business in my personal capacity and STANDARD BANK just ignores my request with no explanation.
0 comments