Succession Certificate in India : Note on Succession Certificate

Succession Certificate in India : Note on Succession Certificate What is Succession Certificate It is a document/ certificate granted to the

Succession Certificate in India : Note on Succession Certificate
What is Succession Certificate
It is a document/ certificate granted to the legal heirs of a deceased person who does not leave a will. It helps you to establish as a legitimate heir to the deceased and give them the power to inherit shares, securities, debts and other assets of the deceased.
Governing Laws
The succession certificate is valid throughout India. The Indian Succession Act, 1925 governs the same.
Objective of Succession Certificate
The main objective of the succession certificate is to facilitate the collection of the debts on succession and give protection to the parties paying debts to the representatives of the deceased person.
Effects of a succession certificate
The holder of a succession certificate;
- Has a claim over the property and assets of the deceased person.
- Has the authority to represent the deceased in collecting debts and securities due to the deceased or payable in his name.
- Inherits the debts and other liabilities of the deceased person.
- Time of death of the deceased;
- Residence or details of properties of the deceased at the time of death within which Judge the jurisdiction falls under;
- Details of family or other near relatives;
- The rights of the petitioner;
- Absence of any impediment to the grant of certificate;
- a copy of the death certificate
- the debts and securities in respect of which the certificate is applied for.
- Death certificate of the deceased person.
- No objection certificate (from other legal heirs)
| Kindly Note that; The issuance of succession certificate usually takes time. This is important because the certificate even gives access to the bank accounts of the deceased person. So be patient when you apply for a succession certificate. |
About Author

CS Lalit Rajput
Company Secretary
Lalit Rajput is a qualified Company Secretary and graduate with 5+ years’ experience in handling Secretarial and Compliance management.
Working as Proprietor at Lalit Rajput &Associates, Company Secretaries and Compliance Head at EDUXGURU.
Key areas include handling Compliances related to Secretarial, Start-ups, SEBI, FEMA, Labour Laws, GST, NCLT, IPR, MCA/ROC, RTA etc.
He has started his career in Adventz Group with one of leading EPC Company, Kalindee Rail Nirman - A Div. Of Texmaco Rail & Engineering Limited (erstwhile known as Kalindee Rail Nirman (Engrs.) Ltd.) and after that worked with Outcome Solutions & Services LLP, a Risk Advisory firm and S. Srinivasan & Co.,Leading Company Secretaries firm in Mumbai and Chennai.
He is also an active blogger/Author at many platform and has written various articles on: Taxguru, Compliance Calendar LLP, Studycafe, Caclubindia, Casansaar, theTaxTalk, Lawyer’s Connect, IPleaders, Governance Professionals, Lawyers club India, Dealout Professionals and many more.
He has also blogger at ENLIGHTEN GOVERNANCE and contributed articles in ICSI E-Corporate Manager published by ICSI Ahmadabad Chapter.
Company Secretary
Delhi, Delhi, India
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