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Madras High CourtOP/421/2024allowed

Vasanthi Rangarajan And Another v. No Respondent

2025-01-29Honourable Dr Justice G. Jayachandran5 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

Reserved on: 23.01.2025

Pronounced on: 29 .01.2025

CORAM

THE HONOURABLE DR.JUSTICE G.JAYACHANDRAN Original Petition No.421 of 2024

1. Vasanthi Rangarajan, W/o. Late Shri Srinivasan Rangarajan.

2. Nithya Kannan, D/o. Late Shri Srinivasan Rangarajan.

Both residing at Flat No. 3A, 'Sreenivasam Apartments', No. 46/12, Giriyappa Road, T. Nagar, Chennai - 600 017.

... Petitioners PRAYER: Original Petition has been filed under Section 372 of the Indian Succession Act, 1925 read with order XXV Rule 6 of Original Side Rules, prays that a succession certificate may be granted to the 1st petitioner with power to collect the debts and to receive the interest and dividends thereon and negotiate and transfer the securities morefully specified in the 'schedule of movables hereunder.

For Petitioners : Ms.R.V.Gayathri, for M/s.P.B.Ramanujam Associates.

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O R D E R

This original petition has been filed under Section 372 of the Indian Succession Act, 1925, and read with Order XXV, Rule 6 of the Original Side Rules, seeking Succession Certificate in respect of securities of Late Srinivasan Rangarajan, who died intestate on 30/06/2022 at Chennai leaving behind his wife and daughter to inherit his estate.

2. The share certificates, more fully mentioned in the schedule of the petition, are in the name of the deceased Srinivasan Rangarajan. To deal with the shares, including the right to transfer and negotiate, the petitioners, who are the wife and daughter of Srinivasan Rangarajan, have filed a petition for the grant of a Succession Certificate in favor of the first petitioner, the wife of the late Srinivasan Rangarajan, with the consent of the daughter, the second petitioner.

3. To substantiate the prayer, the death certificate of Srinivasan Rangarajan (Ex.P-1), the legal heir certificate (Ex.P-2), and the statement of equity shares held by Srinivasan Rangarajan (Ex.P-3) are marked through the proof affidavit of the first petitioner, Tmt. Vasanthi Rangarajan. No objections 2/5

were received in response to the paper publication (Ex.P-4) inviting objections from the public. The following five documents are marked as Ex.P-1 to Ex.P-5. Exhibits Documents Ex.P.1 Computer generated death certificate of Mr.Srinivasan Rangarajan. Ex.P.2 Computer generated legal heir ship certificate of Mr.Srinivasan Rangarajan.

Ex.P.3 Computer generated statement of equity shares held by Mr.S.Rangarajan.

Ex.P.4 Copy of the paper publication effected in one issue of Tamil Daily "Makkal Kural" dated 31.08.2024 Ex.P.5 Certificate under Section 65 B of the Indian Evidence Act, 1872.

4. In view of the above-narrated evidence, it is proved that the schedule of the property, being the nature of the shares are in the name of late Srinivasa Rangarajan and the petitioners, being the Class-I heirs are entitled to inherit the same. In view of the consent affidavit by the 2nd petitioner, there is no impediment for grant of succession certificate in favour of the first petitioner, to collect the securities and to receive the interest, dividends and to negotiate or transfer the securities.

5. Accordingly, this Original Petition stands Allowed. The Succession Certificate is issued in favour of the 1st petitioner to enable him to 3/5

collect the securities and to receive the interest, dividends on and negotiate and transfer the securities specified in the schedule hereto. 29.01.2025 Index :Yes/No.

Internet :Yes/No.

bsm Petitioner's witness:

P.W.1 - Mrs.Vasanthi Rangarajan Documents marked:

Exhibits Documents Ex.P.1 Computer generated death certificate of Mr.Srinivasan Rangarajan. Ex.P.2 Computer generated legal heir ship certificate of Mr.Srinivasan Rangarajan.

Ex.P.3 Computer generated statement of equity shares held by Mr.S.Rangarajan.

Ex.P.4 Copy of the paper publication effected in one issue of Tamil Daily "Makkal Kural" dated 31.08.2024 Ex.P.5 Certificate under Section 65 B of the Indian Evidence Act, 1872. 29.01.2025 4/5

Dr.G.JAYACHANDRAN,J.

bsm Pre-Delivery order made in Original Petition No.421 of 2024 29.01.2025 5/5