Legal Question in Real Estate Law in India
My father had expired 1 &1/2 years ago. He had a bank a/c in his single name with a balance of 800/- can we make succession to get the amount ? what is the rule and way to make a succession at a minimal cost ?
What is the other way to avoid succession ?
Asked on 7/11/12, 11:34 pm
4 Answers from Attorneys
Sanjay Kalra
Sanjay Kalra & Associates
You will spend more money to get Succession Certificate for Rs 800.
Answered on 7/11/12, 11:40 pm
Vivek Mapara
Vivek N. Mapara
You need to take succession certification from the court. There is a procedure under Indian Succession Act to get a succession certificate. You need to apply it before the District Court of your region. Succession certificate is for all purpose, not just for bank purposes.
Answered on 7/11/12, 11:53 pm
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
the amount is too less to file a suit for.
Answered on 7/11/12, 11:59 pm
Shrichand Nahar
S.V.Nahar, Advocate
Check with bank and act accordingly.
For such a small amount, bank may not insist for much compliances.
Answered on 8/12/12, 2:10 am