https://www.taxtmi.com/caselaws?id=288034 The Court allowed the appeal, determining that a succession certificate should not have been granted for gold ornaments pledged by the deceased as they did not constitute debts or securities due to the deceased under the Indian Succession Act. The Court emphasized that succession certificates are only for debts and securities owed by the deceased, not pledged assets. The decision clarified the legal basis for granting succession certificates and highlighted that external requests, such as those from banks, are insufficient grounds for such certificates. en-us Tue, 16 Mar 2004 00:00:00 +0530 Thu, 14 May 2020 17:41:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288034 The Court allowed the appeal, determining that a succession certificate should not have been granted for gold ornaments pledged by the deceased as they did not constitute debts or securities due to the deceased under the Indian Succession Act. The Court emphasized that succession certificates are only for debts and securities owed by the deceased, not pledged assets. The decision clarified the legal basis for granting succession certificates and highlighted that external requests, such as those from banks, are insufficient grounds for such certificates. Case-Laws Indian Laws Tue, 16 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288034