95607-88868

PROBATE

When a person passes away leaving behind assets such as shares, property, or bank accounts, the legal process of authenticating their Will is known as Probate. This court-issued certificate confirms the validity of the Will and grants the executor the authority to distribute the deceased’s assets as per their wishes.

At Reliable Share Solutions Private Limited, we specialize in assisting clients with the probate process, especially when it involves shareholdings and securities. Our experienced team works closely with legal professionals to ensure that the process is handled accurately, quickly, and in compliance with Indian succession laws.

What is Probate?

Probate is the legal process where a competent court certifies that a Will is genuine and that the executor named in the Will is authorized to administer the deceased’s estate. In India, probate is governed by the Indian Succession Act, 1925 and is mandatory in certain states such as Maharashtra, West Bengal, and Tamil Nadu for properties within their jurisdiction.

Why Probate is Important

  • Legal proof of the Will’s authenticity
  • Authority to act for the executor in managing and distributing assets
  • Prevents disputes among legal heirs
  • Ensures compliance with the Companies Act for share transmission
  • Protects rights of beneficiaries as per the Will

When is Probate Required?

  • The Will involves immovable property or assets in certain states where probate is mandatory
  • The executor needs to sell, transfer, or manage the deceased’s shares or property
  • Financial institutions or companies require a probate order before releasing assets

Steps Involved in Obtaining Probate

  1. Filing a Petition – The executor or beneficiary files a petition in the competent court along with the original Will, death certificate, and supporting documents.
  2. Verification by Court – The court examines the petition and issues notices to all legal heirs.
  3. Public Notification – A notice is published in local newspapers inviting objections, if any.
  4. Hearing & Evidence – The court hears the case and verifies witnesses, if required.
  5. Grant of Probate – If there are no disputes or after resolving objections, the court issues a probate order authorizing the executor to administer the estate.

Documents Required for Probate

  • Original Will of the deceased
  • Death certificate
  • Identity & address proof of executor/beneficiaries
  • Details of assets (shares, property, bank accounts, etc.)
  • Affidavit supporting the petition

How Reliable Share Solutions Can Help

The probate process can be time-consuming and legally complex. We assist by:

  • Guiding on legal requirements and procedures
  • Preparing and reviewing all necessary documents
  • Coordinating with legal professionals and court authorities
  • Assisting in share transmission after probate is granted
  • Providing regular updates until the process is complete

📞 Get Probate Assistance Today

If you require probate for shares or other assets, let our experienced team make the process simple and stress-free.

Call: 95607-88868
Email: contact@reliablessolution.com
Website: www.reliablessolution.com

At Reliable Share Solutions Private Limited, we handle the legal formalities with professionalism, confidentiality, and care—so you can focus on what truly matters.