Succession Certificate granted to legal heirs for managing securities

The court granted the petition for a Succession Certificate in favor of the petitioners, who were confirmed as legal heirs of the deceased individual. The certificate allowed them to manage the specified securities, including handling interest, dividends, and transfers.

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Issues:
- Petition for grant of Succession Certificate for securities left by deceased
- Examination of evidence including death certificate and legal heirship certificate
- Granting of succession certificate in favor of petitioners

Analysis:
The case involved a petition seeking a Succession Certificate for the securities left by a deceased individual, R. Kapanipathi Rao, who passed away on 02.06.2014. The first petitioner, who is one of the legal heirs of the deceased, provided evidence by examining herself as P.W.1 and submitting the death certificate of the deceased as Ex.P1, along with the legal heirship certificate as Ex.P2. The legal heirship certificate confirmed the petitioners' status as the legal heirs of the deceased, establishing their entitlement to the securities in question.

Upon reviewing the evidence presented, the court granted the original petition, thereby allowing the issuance of a succession certificate in favor of the petitioners. This succession certificate pertained to the specific securities outlined in the schedule attached to the petition. The court's decision was based on the verified legal heirship of the petitioners and their entitlement to the securities left behind by the deceased individual. The order effectively authorized the petitioners to handle the specified securities, including the collection of interest and dividends, negotiation, and transfer of the securities as detailed in the schedule provided in the petition.

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