Legal Question in Banking Law in India

Difference between Surviving member certificate and legal/succession certificate


Asked on 1/23/17, 5:22 am

1 Answer from Attorneys
Fca Prashant Chavan Expert Edge LLP

27.01.2017

Dear Sir / Madam,

Except for nomenclature or terminology, both mean one and the same. For brevity, a surviving member certificate may apply where the deceased has passed away intestate (without a Will) and the latter legal/succession certificate may be the terminology used when the deceased has nominated his estate in the name of his / her legal heir by way of a Will.

Regards,

Read more
Answered on 1/27/17, 5:37 am


Related Questions & Answers

More Banking Law questions and answers in India