Hope this message finds you in good health and spirits. I need some help/guidance regarding applying for SUCCESSION CERTIFICATE at KOLKATA, WEST BENGAL. Please note that I am from Madhya Pradesh and I need to go to Kolkata for applying for succession certificate as my father's property is based at Kolkata.
My father (NRI) died in a road accident in a foregin country in the year 2003. Just before his death, he opened a NRE (Non Resident External) account at a reputed international bank at Kolkata WITHOUT ANY NOMINATION. After his death the bank converted his NRE Account into DOMESTIC account as per Reserve Bank's of India Guidelines contained in its Master Circular.
The PRINCIPAL AMOUNT (with which the account was opened in the year 2003) for this account is: 4,50,000 INR. The bank is asking us to apply for succession certificate to claim this amount.
Before I apply for succession certificate by finding a lawyer at Kolkata, I would like to know following things first:
1. Court will take its FEE on PRICIPAL AMOUNT or on PRINCIPAL + INTEREST AMOUNT? I have heard that the court only take its fees on PRINCIPAL AMOUNT. It has nothing to do with accumulated interest.
2. Can you please tell me the % fees that I have to pay to court at Kolkata/West Bengal. How can I gather accurate information about this percentage fees of court?
3. Is it necessary to appear before the court during/after applying for succession? OR a lawyer can handle all succession related things without our appearance in front of court/judge?
I have some more queries, but those questions are based on the answers to above questions. Request you to please answer these queries. Your answers will greatly help me.
Thanks and regards
P.S. We have already claimed a certain amount by means of Indemnity Bond earlier. Bank is now telling us that the rest of the amount can be claimed ONLY by means of Succession Certificate.