What is a succession certificate and when is it needed?

A succession certificate is a court-issued document that authorises the legal heirs to collect debts, securities, and movable assets (like bank deposits) of a person who died without a will. Banks and institutions commonly require it before releasing such assets.

Key points

• A succession certificate establishes the legal heirs' authority over the deceased's debts and movable securities.
• It is typically required for bank deposits, shares, bonds, and similar assets when there is no will.
• It is issued by a civil court after an application and a notice period for objections.
• It is different from a Legal Heir Certificate (used for pensions and simpler transfers) and from probate (used for wills).
• Court fees are payable based on the value of the assets.

Relevant law

Succession certificates are issued under Part X (Sections 370 to 390) of the Indian Succession Act, 1925. The application is made to the District Court having jurisdiction where the deceased resided or where the assets are located.

What you can do

• File a petition for a succession certificate before the District Court in Panaji.
• Include the death certificate, list of heirs, and details of the assets.
• Respond to the court's notice period for any objections.
• Consult a succession lawyer in Panaji to obtain the certificate efficiently.