Succession Certificate

Description
Succession Certificate is a certificate granted by the Courts in India to the legal heirs of a person dying intestate leaving debts and securities. Succession certificate entitles the holder to make payment of debt or transfer securities to the holder of certificate without having to ascertain the legal heir entitled to it. Apply for a Legal heir / Succession certificate with the help of a local experienced advocate. This is important for you if you want to establish yourself as the legal heir of a deceased person.

You May Also Want To Know
a) What is a Succession Certificate?
Succession Certificate is a certificate granted by the Courts in India to the legal heirs of a person dying intestate leaving debts and securities.

b) Why is it important to obtain a Succession Certificate?
Succession certificate entitles the holder to make payment of debt or transfer securities to the holder of certificate without having to ascertain the legal heir entitled to it. It provides indemnity to all persons owing such debts or liable on such securities with regards to all payments made to or dealings had in good faith with a person to whom a certificate as granted. Hence, many organisations and person request for succession certificate before settling the debts or securities of the deceased in favour of the person claiming such debts or securities.

c) What is the procedure for obtaining the succession certificate?
To obtain succession certificate, a petition has to be filed before the District Judge within whose jurisdiction the deceased person ordinarily resided at the time of his or her death or, if at that time he or she had no fixed place of residence, the District Judge within whose jurisdiction any part of the property of the deceased may be found.

d) What is the time period involved in completing the entire process?
It takes roughly 5-6 months in obtaining the Succession Certificate.

e) What is the validity of a Succession Certificate?
A succession certificate has validity throughout India. If a certificate is granted in a foreign country by an Indian representation accredited to that State, it should be stamped in accordance with the Court Fees Act 1870 to have the same effect in India as a certificate granted in India.

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