Section 390 of ISA : Section 390: Provisions With Respect To Certificates Under Bombay Regulation Viii Of 1827
ISA
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Explanation using Example
Imagine a scenario where Mr. Sharma, a resident of Mumbai, passed away in 1990 leaving behind some assets. His legal heir, Mrs. Sharma, wishes to collect his assets from various financial institutions. She learns that she needs a 'Succession Certificate' to claim her late husband's assets as per the Indian Succession Act. Despite the fact that Bombay Regulation No. VIII of 1827 was in place, the provisions ...
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