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g.bharath (retired)     12 October 2014

Can succession cert obtained by nri in usa valid in india

SIR,

pl clarify if one of the  two legally eligible heirs of a DECEASED parent is a NRI , can he obtain succession cert from that country and especially if the other legal heir has SURRENDERS his claim on SHARES/portfolios and has NO OBJECTION in other NRI heir take control of the left over shares/portfolios of DECEASED Parent.

 

Thanks



Learning

 3 Replies

reeti shah (lawyer)     13 October 2014

Yes, NRI can obtain the certificate. Adv Reeti Shah reeti@corpusjurislaw.com 993028557

Sudhir Kumar, Advocate (Advocate)     17 October 2014

where property is located

g.bharath (retired)     17 October 2014

Sir,

The PORTFOLIOS &Shares are of INDIAN cos and located in INDIA only. The other legal heir in India is not interested in these and prepared to give AFFIDAVIT to this effect.The other legal Heir is NRI.

 

thanks


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