When a person passes away, their property, money, and other belongings need to be lawfully transferred to their legal heirs or beneficiaries. The Indian Succession Act, 1925 (“ Act ”), provides three key instruments to regulate this process. Probate, Letter of Administration, and Succession Certificate. Each serves a distinct purpose in ensuring that the estate of the deceased is distributed according to law.   Probate A Probate is a certified copy of a will issued by a court

Securities and Exchange Board of India (“SEBI”) vide its Circular no. SEBI/HO/IMD/DF3/CIR/P/2019/166 dated December 24, 2019, has...