A person having 200 shares of a company and face value is rs.10 per share and market value rs.4500 per share.but unfortunately he died leaving his wife and a son with out any will. Now they have to get succession certificate from the honourable court. What is the court fee and how to calculate whether it is on the face value or marker value?
I request all the learned experts give a suitable advice on this.
Thanq in advance.
The Court Fee for getting Succession Certificate is 5% upto Rs.100000/- and 6% exceeds Rs.100000/-.
