Section 196 of ISA : Section 196: Powers Conferrable On Curator
ISA
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Explanation using Example
Imagine a situation where Mr. Sharma, a wealthy businessman, passes away without leaving a will. His distant relative, Mr. Verma, takes possession of Mr. Sharma's property. The other heirs, who are unsure of the extent of Mr. Sharma's assets, are concerned that Mr. Verma might mismanage or waste the property before the succession process is complete.
One of the heirs ...
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