S.B.Agilandeswari v. No Respondent
IN THE HIGH COURT OF JUDICATURE AT MADRAS
(TESTAMENTARY AND INTESTATE JURISDICTION) FRIDAY, THE 30TH DAY OF AUGUST 2019 THE HON'BLE MR. JUSTICE R.SUBRAMANIAN O.P.No.353 of 2019 In the matter of Indian Succession Act, XXXIX of and In the matter of Securities of K.Suresh Babu (Deceased)Intestate
1. Mrs.S.B.AGILANDESWARI W/o.Late K.Suresh Babu,Hindu, aged 50 years, No.188/3, Lake View Road, West Mambalam, Chennai-600033.
2. MINOR S.B.ARVINDHAKSHAN S/o.Late K.Suresh Babu, Hindu Minor aged 14 years, Rep by mother and natural guardian S.B.Agilandeswari, 1st petitioner, No.188/3, Lake View Road, West Mambalam, Chennai-600033.
3. Mrs.K.SUNDARI, W/o.Late K.N.Kumarasamy, Hindu, aged 84 years, No.188/3, Lake View Road, West Mambalam, Chennai-600033.
..Petitioners Original Petition praying that this Hon'ble Court be pleased that the Succession Certificate may be granted to the petitioner with power to collect the securities and to receive interest, dividend and negotiate and transfer the securities specified in the schedule hereunder.
That a Succession certificate may be granted to the 1st petitioner, with power to collect the securities and to receive the interests and dividedns thereon and negotiate and transfer the securities specified in the Schedule. SCHEDULE Sl.No Distinguishing No.of Letter of Security Name, title or Class of Security Amount or Par Value of Security (in Rs.) Market value of Security (in Rs.) ISIN NO.INF109KB1PD3 ICICI PRU MUTUAL FUND Rs.10/- (29990 shares) Rs.3,70,976.30 (Rs.12.37 per share) ISIN NO.INF903J011V1 SUNDARAM MUTUAL FUND Rs.10/- (29990 shares) Rs.4,00,066.60 (Rs.13.34 per share) ISN NO.INF903J013RS SUNDARAM MUTUAL FUND Rs.10/- (Rs.19990 shares) Rs.2,46,632.62 Total Rs.10,17,675.52 This Original Petition coming on this day before this court for hearing the court made the following order: The petitioners seek issuance of succession certificate in respect of the securities left behind by K.Suresh Babu, who died intestate on 14.11.2016 leaving behind the petitioners who are the wife, minor son and mother as his legal heirs.
2. The first petitioner has examined herself as P.W.1. She has produced the death certificate of the deceased K.Suresh Babu as Ex.P1 and the legal heirship certificate as Ex.P2. A perusal of the Ex.P2 shows that the petitioners are the only legal heirs of the deceased. The 3rd petitioner namely, mother had consented for grant of
succession certificate in favour of the first petitioner. Necessary publication has been effected and no objections have been received. The first petitioner also happens to be the guardian of the minor, this original petition is allowed granting succession certificate in respect of the securities mentioned in the schedule to the petition in favour of the first petitioner.
Sd/.R.S.M.J 30.08.2019 //Certified to be a true copy// Dated this the day of 2019.
SU/17.09.2019 COURT OFFICER From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.