Transfer of ownership of company while death of propreitor
DEBOJYOTI CHAKRABORTY
(Querist) 25 February 2019
This query is : Resolved
My uncle was holding sole propreitorship of a firm but unfortunately he died in the year 2016 without having any will and his wife also died prevoius to him in the year 2016 and he doesn't have any childrens left behind.Now my aunt who is only elder sister in relation to my uncle is left behind is the only legal heir cum successor of the company's assets and liabilities.so should we have to apply for affidavit for change of ownership from notary/1st class magistrate or otherwise apply for change of ownership of company from concerned municipal corporation..please kindly suggest
kavksatyanarayana
(Expert) 25 February 2019
Get succession from the Court. consult a local lawyer for further guidance.
Suhail suhail
(Expert) 26 February 2019
You can file for a Succession certificate from the District Court,
Dr J C Vashista
(Expert) 28 February 2019
The property of deceased shall devolve to his/her LR as per provisions of Hindu Succession Act, 1955.
Consult and engage a local prudent lawyer for guidance and proceeding.