Succession Certificate
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What is Succession Certificate?
Succession Certificate is a document which is issued by the court for claiming movable assets by the successors of the deceased person. It establishes the legitimacy of the heirs and gives them the authority to access the assets. It is issued by the appropriate civil courts in India under the relevant laws of inheritance on an application filed by the beneficiaries in a court of applicable jurisdiction for issuance of such a succession certificate.
Deliverables
Obtaining a Succession Certificate in India The beneficiary must file a petition to procure a certificate in a court of law. The certificate may be issued by a District judge under whose jurisdiction the movable assets in question are located, or by a judge under whose authority the deceased lived. The petition must specify the name of the beneficiary, his/her relationship with the deceased, and the names of all other Class 1 Legal heirs. The death certificate of the deceased person whose assets are being asked for by the legal heirs must be attached to the petition. The court will then notify the parties concerned and provide a time frame within which anyone might object. If no objection is raised, then the court issues a succession certificate to the beneficiary. In the event of multiple beneficiaries, a joint certificate is issued.
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