Indian Succession Act 1925 - PowerPoint PPT Presentation

About This Presentation
Title:

Indian Succession Act 1925

Description:

On October 30, 1925, the Indian Succession Act 1925 was introduced. The Indian Succession Act of 1925 was put into effect to stop family arguments about how to divide up ancestral property among the surviving generations. – PowerPoint PPT presentation

Number of Views:7
Slides: 8
Provided by: Rohit_bajaj_001
Category:
Tags:

less

Transcript and Presenter's Notes

Title: Indian Succession Act 1925


1
Indian Succession Act 1925
2
INTRODUCTION
Problem
Indian succession takes over when a property
owner passes away without leaving a will
specifying how to divide their belongings. Now,
the issue of what function it serves and when it
was implemented in India enters our minds. On
October 30, 1925, the Indian Succession Act 1925
was introduced. The Indian Succession Act of 1925
was put into effect to stop family arguments
about how to divide up ancestral property among
the surviving generations.
3
The Indian Succession Act of 1925 What is it?
The Indian Succession Act was enacted, as was
previously mentioned in the introduction, to
resolve conflicts that arise when a family head
passes away without making a will. In actuality,
it says that under the Indian Succession Act of
1925, the property shall be shared equally among
all of the successors if the breadwinner or the
property owner passes away without leaving a will
for his heirs.
4
IS THE 1925 INDIAN SUCCESSION ACT MODIFIED?
Yes, there have been some changes to Act No. 26
of 2002, as far as we know. For example, in 2002,
a modification was made to Section 213, removing
the word "Muhammadans" and replacing it with
"Indian Christians."
5
WHAT FEATURES DOES THE 1925 INDIAN SUCCESSION ACT
HAVE?
The following are the Indian Succession Act of
1925's key features that include
  • Testament Succession
  • Intestate Succession
  • Property Distribution
  • Executors and administrators rights and
    obligations
  • Limitation Period
  • Contingent and Conditional Wills
  • Succession Certificates
  • Applicability

6
WHAT DOES THE INDIAN SUCCESSION ACT OF 1925
DEFINE AS A PROBATE CERTIFICATE?
Section 2(f)1 of the Indian Succession Act of
1925 defines "probate" as a copy of the will that
has been verified by a court's seal of
appropriate authority. Through probate, the
applicantwho is named as an executor in the
WILLis granted rights regarding the management
of an estate.
7
THANK YOU
Write a Comment
User Comments (0)
About PowerShow.com