Kerala court rules joint locker survival does not mean full ownership after death

A will can override the locker’s survivor clause

A Kerala High Court ruling says the survivor of a joint bank locker does not automatically acquire complete ownership of the contents. The court held that a properly executed Will by one co-holder can prevail over the “either or survivor” clause. That means locker assets may legally be bequeathed to third parties, changing how families distribute funds after a co-holder’s death.