Summary The article provides a detailed analysis of the concept of succession certificate, legal heir certificate and its need and purpose and procedure to obtain the same. The article specifically focuses on the purpose and procedure of obtaining both certificates. Succession CertificateBasically, a succession certificate refers to a certificate that is provided to the successor […]
Probate and Succession Certificate, both granted by the competent Courts, are of absolute necessity, especially in the scenario when a deceased person’s estate needs to be distributed by way of Will or by way of Natural Succession. Probate is granted when the deceased person has left a Will. However, the Succession Certificate is granted in […]
A Succession Certificate is a document that is granted by a civil court to the legal heirs of a deceased who dies without leaving a will. It is granted by the court to realize the debts and securities of the deceased. In the case of Muthia vs Ramnatham,[1] , it was held that the privilege […]
A Succession Certificate is a certificate which is granted by Courts in India to the legal heirs of a person dying intestate leaving debts and securities. A person is said to have passed away intestate when he/she does not leave a legal will. Succession Certificates entitle the holders to make payments of debt or transfer […]
The right paper work goes a long way in getting your money to those you love when you are no more to help them out. When you approach a financial institution, bank, Mutual Fund AMC, Demat account, PPF etc. to inherit, they may ask for documents like Succession Certificate or Letter of Administration or Probated copy of the Will to ascertain that you […]
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Black Money, Benami Property, and Corruption are issues which are plague India, and the present Government is doing everything in its power to improve the country’s position. The steps taken by the government are eminent and effective. These steps might appear uncomfortable to those who have been used to defying the rules of the land, […]
Inheritance is understood to be a naturally smooth-flowing process, and a lot of people are not even aware of the relevance of the ‘Succession Certificate.’ It is a known fact that a majority of the inheritance issues get covered under the Hindu Succession Act. Some that are related to the minorities are taken to be […]