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Madras High CourtOP/86/2019allowed

Sreemathi K. v. No Respondent

2019-06-26Honourable Mr Justice R. Subramanian3 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(TESTAMENTARY AND INTESTATE JURISDICTION) WEDNESDAY, THE 26th DAY OF JUNE 2019 THE HON'BLE MR. JUSTICE R.SUBRAMANIAN O.P. No.86 of 2019 In the matter of the Indian Succession Act XXXIX of 1925 and In the matter of Securities of K.Sathyanarayanan (deceased) Intestate 1.K.Sreemathi, W/o.Late K.Sathyanarayanan 2.S.Sri Bharani, D/o.Late K.Sathyanarayanan 3.S.Sri Shalini, D/o.Late K.Sathyanarayanan All are residing at E-9, Syndicate Residency No.36, Dr.Thoms 1st Street, T.Nagar, Chennai 600 017 ...Petitioners Original Petition praying that this Honble Court be pleased that the Succession Certificate may be granted to the petitioners with Power to collect the securities and to receive dividends thereon and negotiate and transfer the securities specified in the schedule

schedule Sl.N o Description Market value of security on date of application for certificate Distinguish ing Number of letter of Security Name, title or class of security Amount or per value of Securit y Total value Rs.

Folio: HB 472512 HDFC Bank Ltd Nos.500 2019.60 10,09,800.00 67570566778740, 726894788726896955 The Karur Vysya Bank Ltd Nos.23,853 78.60 18,74,846.00 Folio;

S00491 395349395966 India Nippon Electricals Ltd Nos. 618 ------ Total units 24,971 ------- - 425.40 2,62,897.20 ---------------- Total:31,47,543.20 ---------------- This Original Petition coming on this day before this Court for hearing the court made the following oder: The petitioners seek Succession Certificate in respect of the securities held by K.Sathyanarayanan, who died intestate on 04.07.2016. The petitioners are the wife and children of late K.Sathyanarayanan.

2. The first petitioner has been examined as P.W.1. She has produced the death certificate of the deceased

K.Sathyanarayanan as Ex.P1. The legal heirship certificate has been produced as Ex.P2. A perusal of Ex.P2 shows that the petitioners are the only legal heirs of the deceased K.Sathyanarayanan. A paper publication has been made and no objections have been received.

3. In view of the above evidence, the Original Petition is allowed granting Succession Certificate in favour of the petitioners in respect of the securities mentioned in the schedule to the petition.

sd/-R.S.M.J 26.06.2019 //Certified to be a true copy// Dated this the day of 2019.

R.s/04.07.2019 COURT OFFICER From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.