Please advise/ suggest.
A person expires leaving an Individual nominated a/c. After some time nominated person expires too. Do we need succession for remaining legal hiers.
Yes it is needed to get movable assets.
In some places, like Banks and insurance companies, if the amount is less than 5 lakhs, they do away with the succession certificate on the basis of indemnity bonds, check up with the authorities.
Your are not logged in . Please login to post replies
Click here to Login / Register
view more »
Our Network Sites
Join LAWyersclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.
Alternatively, you can log in using: