Sandhya Sailesh v. Nil
Case brief
What is this about?
The High Court of Judicature at Madras allowed an original petition seeking a succession certificate in favor of the petitioners, Sandhya Sailesh, as the sole legal heir of Y. Ranganathan, to collect mutual fund securities and dividends under the Indian Succession Act, 1925.
What did the court decide?
Succession certificate allowed in favor of the petitioner to collect securities, interest, dividends, and to negotiate and transfer them as prayed.
What the court decided
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IN THE HIGH COURT OF JUDICATURE AT MADRAS
(TESTAMENTARY AND INTESTATE JURISDICTION)
FRIDAY, THE 09TH DAY OF APRIL 2021
THE HON'BLE MR. JUSTICE T.RAVINDRAN
O.P.No.515 of 2020
In the matter of Indian Succession
Act XXXIX of 1925
and
In the matter of certain securities
belonging to Y-Ranganathan the
deceased intestate
SANDHYA SAILESH
W/o.A.N.Sailesh,
No.932 C, Poonamallee High Road,
Flowers Road,
Chennai-600 084. ..Petitioners
Original Petition praying that this Hon'ble Court be pleased to
grant of a Succession Certificate in favour of the petitioner herein viz. Sandhya Sailesh with the power to collect the debts and to receive interest, specified in the schedule in the petition.
This Original Petition coming on this day before this court for hearing the court made the following order:
The Original Petition has been laid under section 372 of the Indian
Succession Act, 1925 r/w Order XXV, Rule 6 of O.S.Rules, by the https://hcservices.ecourts.gov.in/hcservices/ petitioner seeking for the issuance of the succession certificate in her favour
Issues for consideration
2 issues framed by the court
Whether the petitioner is entitled to a succession certificate as the sole legal heir of the deceased intestate to collect securities and dividends.
Whether any impediments exist for granting a succession certificate in respect of the mutual fund held by the deceased.
Parties & counsel
- petitioner
Sandhya Sailesh
Coram
T. Ravindran
Case details
As recorded by the court registry
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