Hello Sir,
The Deceased member had done nomination for PF accounts earlier itself. Should the family member who is the beneficiary/claimant take the succession certificate here?
How much the succession certificate cost including the lawyer and court fees. In Bangalore.
As per your query,
A succession certificate is a document issued by a competent court (civil) certifying a rightful person to be the successor of a deceased person.
For a movable property like the provident fund, bank deposits, shares, loans, or other securities, the succession certificate is required.
Getting a succession certificate establishes your legal right to claim PF dues. The steps you need to follow to get a succession certificate:
Step 1: If you are the applicant, then you have to prepare a petition.
Step 2: You have to verify it and submit it to the district judge in the appropriate jurisdiction after paying the appropriate court fees.
Step 3: The district judge will go through the petition and will inspect the application.
Step 4: After that, the judge will fix a day for the hearing and send notice of the hearing to whomsoever fits it.
Step 5: After hearing all the concerned parties, the judge will decide whether to grant the certificate to the applicant.
Step 6: Meanwhile, the district judge may also require the applicant to provide a bond with one or more sureties or security.
The succession certificate stands valid anywhere within India. Here is the list of few things that you must include in the petition for succession certificate
- The time of the death of the deceased
- The complete address of the deceased at such time of death
- The details of the property of the deceased
- The family or other near relatives of the person deceased with their respective residences
- The rights of the petitioner
- The debts and securities in deference of which the application for such a certificate is made
Hope it helps,
Regards,
Srishti
