Petitioner obtained leave to sell immovable property forming part of the deceased estate and grant Letters of Administration. Proceeds are Rs. 59,00,000 as per Memorandum of Undertanding.
Leave to sell immovable property forming part of estate and grant Letters of Administration at Rs. 59,00,000 as per MOU.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY TESTAMENTARY AND INTESTATE JURISDICTION
JUDGE'S ORDER NO.27 OF 2017 IN
TESTAMENTARY PETITION NO.1276 OF 2015
Kanti Satchidanand Karnik
… Deceased
Veeresh Satchidanand Karnik … Petitioner
Mr. Prabhu Velar for the Petitioner.
CORAM : S.C.GUPTE, J.
DATE : 9 OCTOBER 2017
P.C. :
. This is a petition for Letters and Administration to the property and credits of late Kanti Satchidanand Karnik, who died at Thane on 28 May 2015. There is no contest to the petition. The grant has already been issued on 29 February 2016. By this Judge's Order, the Petitioner now seeks leave to sell the immovable property referred to in it and forming part of the estate for which Letters of Administration has been granted to him at or for a consideration of Rs.59,00,000/- and as per the terms and conditions set out in the draft Memorandum of Understanding annexed to the affidavit in support of the Judge's Order. The Petitioner is the only heir and legal representative of the deceased entitled to estate of the deceased. The application is, accordingly, allowed. A Judge's Order in this behalf is separately signed.
(S.C. GUPTE, J.)
1 issue framed by the court
Whether leave to sell immovable property forming part of the estate administered under Letters of Administration should be granted.
Veeresh Satchidanand Karnik
S.C. Gupte
As recorded by the court registry
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