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How to get a succession certificate, how much money will I have to pay
17-Mar-2023 (In Documentation Law)
Late.Dalip Singh has purchased Kissan Vikas Patra for Rs50,000 and now the matured value is Rs.1.10 Lakhs with interest. KVP has been purchased from Head Post Office Sansad Marg Delhi. Nomination has not been registered at the time of purchase of KVP. The deceased has left behind his wife and three children aged between 17 to 22 years. Deceased family resides at Khoda Colony near Noida. Post office is asking for succession certificate from competent authority of law or produce the Probate of will or letter of administration of estate on deceased for getting payment. Whether the succession certificate will be issued by District Magistrate or by Civil Court. What will be the cost involved and time to obtain the Succession Certificate.
Sir, there is some more detail I need to know from you and I can help you for legal requirement for getting legal heirs certificate from court of law and you can get the payment fRom post office. Call me if you want to get succession certificate
Helpful?
50+
50+
Adv. Dev Raj Sukhija
Delhi | 25+ Answers
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Time:
A newspaper notice for 45 days is issued by the court. Any person having problem with it can file objections. If the court doesn’t receive any objection, it issues succession certificate. This process takes five to seven months.
Cost involved:
As per my knowledge, apart from lawyer’s fees, Two per centum on the amount or value of any debt or security specified in the certificate under section 8 of the Succession Certificate Act, and three per centum on the amount or value of any debt or security to which the certificate is extended under section 10 of the Act.
A newspaper notice for 45 days is issued by the court. Any person having problem with it can file objections. If the court doesn’t receive any objection, it issues succession certificate. This process takes five to seven months.
Cost involved:
As per my knowledge, apart from lawyer’s fees, Two per centum on the amount or value of any debt or security specified in the certificate under section 8 of the Succession Certificate Act, and three per centum on the amount or value of any debt or security to which the certificate is extended under section 10 of the Act.
Helpful?
31+
31+
Adv. Nikita C. Jain
Delhi | 25+ Answers
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Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
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