Difference between Legal Heir Certificate and Succession Certificate Legal heir certificate and suc

Discussion in 'IIBF JAIIB CAIIB' started by Anurag Pathak, Oct 10, 2017.

  1. Anurag Pathak

    Anurag Pathak New Member

    Difference between Legal Heir Certificate and Succession Certificate Legal heir certificate and succession certificate are entirely different. If the head or a family member passes away, the next direct legal heir of the deceased such as wife/ husband/son/daughter/mother can apply for the Succession Certificate. This certificate can be used for the purpose of transferring Electricity connection, Telephone connection/Patta transfer, House Tax, Bank Account, Filing of IT Returns etc. If the deceased person is a Government servant then the legal heir certificate is issued for approval of family pension, or to get appointments on concerned grounds. Legal Heir certificate is also provided for various other reasons as-well. A Succession Certificate is required when someone inherits any immovable property or movable property under the various Property Laws in the country. Most of these issues come under the Hindu Succession Act. While some of them come under the community acts or the Indian Succession Act. Issues need to be known in the right perspective for both categories. Who issues? : Legal Heir certificates are is issued by Tahsildar of the district to identify a particular deceased person living heirs and succession certificates are issued by the court to the legal heirs of a deceased person. Who can apply? : Only legal heir can apply for succession certificate but in the case of legal heir certificate, son/daughter/husband/wife/parents of the dead person can apply. Documents required: Required Documents to obtain succession certificates are death certificate of a dead person, time and place of death, the name of all legal heirs and relation with the dead person. Required Documents to obtain Legal Heir Certificate are Death certificate original, Identity Card, Ration Card, the name of Family members and relationship, an affidavit worth Rs. 20 on a stamp paper. Fee: For succession certificate, three percentage or more or less % of total value of the property will be charged. To issue legal heir certificate Rs.2 for a stamp and 20r.s for stamp paper for affidavit will be there. Sometimes officials may ask for extra fee or additional fee for lawyers also will be there. Time period: In the case of succession certificate a newspaper notice for 45 days is issued by the court. Any person having a problem with it can file oppositions. If the court doesn’t receive any objection, it will issue succession certificate. This process may take 5-7 months. 15 to 30 days are needed to issue legal heir certificate. Importance: The succession certificate is used for transfer or possession of property or for paying debts or security on behalf of a deceased person or for collecting debts or security on behalf of deceased. The legal certificate is used for gratuity, pension, insurance, PF, retirement claims etc. Ritesh Goyal Advocate Hemant Goyal (Noida) 9311170338 ..
     
  2. Kapil Soni

    Kapil Soni Member

    Thanks for having shared such a useful information sir....
     
  3. Anil Dhulariya

    Anil Dhulariya New Member

    Sir i hav a question..There is a case where a person(priest) died .who lived in an ashram and maintain an account with a bank with apprx 1lac bal. Now there is no legal heirs of him.In such cases how we should guide to the parties(who already lives in that asharm )come for settlement of fund.
     
  4. Shubham Gupta

    Shubham Gupta New Member

    If account is in personal name no one except legal heirs, nominees, or according to will we can settle the issue. Other they have to file the case before the court.
     
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