For movable properties such as the PF, bank deposits, shares, and loans the
Succession Certificate is mandatory.
We connect you with experienced lawyers
The documents are collected and application is filed
the certificate is granted in 6 months
A civil court judge of the relevant jurisdiction can grant a Succession Certificate to the legal heirs of an individual dying intestate, leaving behind unclaimed securities and debts. A person is deemed to have died intestate when he/she has not made a legal will. A Succession Certificate empowers the certificate holder to inherit the securities and debts of the deceased and to negotiate and/or transfer them.
The Certificate gives indemnity to all individuals having such debts or having liabilities on such securities, in regards to the payments made to or dealings made in good faith with the certificate holder. Hence, many people and organisations look for a Succession Certificate while settling the securities/debts of the deceased. The certificate should be in favour of the individual claiming such securities/debts.
To obtain Succession Certificate,
Creation Of Application
We will connect you with experienced lawyers, who will prepare the application for a Succession Certificate after collecting all the required documents.
Filing Of Application
If the district judge is satisfied with the preparation of the petition, an opportunity will be granted to hear the person who, in his/her opinion, should be heard. After hearing from all parties, the judge will decide the right of the petitioner, to be granted the Succession Certificate. The judge would then pass an order to grant the certificate.
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