Manikandan AAA
Accounting, India
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Summary
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A Succession Certificate in India is a record given to the lawful beneficiary or the replacement of a departed individual who has not arranged a will. It lays out the connection of the candidate with the departed. Without even a trace of a will, a vital record records the insights regarding the obligations, protections, and resources of the departed. The Succession Certificate in India allows the endorsement holder the control over the departed individual's resources like an annuity, shared assets, and protection, among others. According to the Indian Succession Act, 1925, the replacement will likewise acquire any obligations/credits to be paid.