Certain Securities of Vs
Case brief
What is this about?
In an original petition under Section 372 of the Indian Succession Act, 1925, the Madras High Court granted a succession certificate to the third petitioner for collecting and transferring 50 shares of the deceased G.Muthuswami held in physical possession.
What did the court decide?
Direction for grant of Succession Certificate to the third petitioner with power to collect securities, receive interest and dividends, and negotiate and transfer shares specified in the schedule.
What the court decided
1
IN THE HIGH COURT OF JUDICATURE AT MADRAS
(ORDINARY ORIGINAL CIVIL JURISDICTION)
TUESDAY, THE 02ND DAY OF JANUARY 2018
THE HON'BLE MR. JUSTICE C.V.KARTHIKEYAN
O.P.No. 446 of 2017
In the matter of Indian Succession Act XXXIX of 1925 and
In the matter of securities belonging to the G.Muthuswami – deceased intestate
- M.Meera, D/o. Mr.G.Muthuswami, CG-3, Villa Espana, No.158, Velachery Main Road, Velachery, Chennai 600 042.
- Mr.M.Sivakumar, S/o.Mr.G.Muthuswami, Flat No.779, Statuin 14, Aliens Space Station, Tellapur, Medak, Telangana-502032.
- Mr.M.Ganesh Mohan, S/o. Mr.G.Muthuswami, CG-3, Villa Espana, No.158, Velachery Main Road, Velachery, Chennai 600 042.
..Petitioners
Issues for consideration
1 issue framed by the court
Whether a succession certificate should be granted to the third petitioner for the deceased's securities under Section 372 of the Indian Succession Act, 1925.
Parties & counsel
- petitioner
M.Meera
- petitioner
Mr.M.Sivakumar
- petitioner
Mr.M.Ganesh Mohan
Coram
Case details
As recorded by the court registry
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