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Delhi District Court

Ahana Sethi vs State on 29 May, 2015

                IN THE COURT OF MS. POOJA TALWAR: 
                ACJ/CCJ/ARC­(SOUTH EAST DISTRICT), 
                     SAKET COURTS, NEW DELHI



SUCCESSION CASE No. 36/2015
Unique ID No. 02406C0147102015

1.     Ahana Sethi
       D/o Late Atul Sethi 
       R/o S­251, Greater Kailash­II,
       New Delhi.
2.     Master Aryaman Sethi
       Through mother and natural 
       Guardian Ms. Sheuli Sethi
       S/o Late Atul Sethi
       R/o S­251, Greater Kailash­II,
       New Delhi.                                                        ............ Petitioners

                                         Versus

1.     State
2.     Uma Sethi
       M/o Late Atul Sethi
       R/o S­251, Greater Kailash­II,
       New Delhi.
3.     Sheuli Sethi (Divorced)
       Ex. W/o Late Atul Sethi
       R/o S­251, Greater Kailash­II,
       New Delhi.                                               ............Respondents




SS No.36/2015                  Ahana Sethi & Anr. Vs. State & Ors.                     Page 1/15
       Application for grant of succession certificate under section 372 of 
                         Indian Succession Act, 1925

                           Case filed on - 05.05.2015
                      Judgment pronounced on -29.05.2015




                                     JUDGMENT

1. This is a petition under section 372 of the Indian Succession Act 1925 (hereafter referred to as "the Act") filed by the petitioners Ms. Ahanan Sethi and Master Aryaman Sethi for grant of succession certificate in respect of debts and securities of their deceased father Late Atul Sethi, who left for his heavenly abode on 14.03.2015. The State as well as the other legal heirs of Late Atul Sethi have been impleaded as respondents.

2. Petitioners seek succession certificate in respect of following debts and securities of their deceased father:­

(i) (a) Amount lying account bearing 5253951224 with Citi Bank, Nehru Place Branch, New Delhi.

(b) Amount lying in account bearing No. 00271930016628 with HDFC Bank, Masjid Moth, New Delhi.

(c) Amount lying in account bearing No. 094030186006 with HSBC, Greater Kailash­I, New Delhi.

(d) Amount lying in account bearing No. SB/1/2614 with Corporation Bank, Greater Kailash­II, New Delhi.

SS No.36/2015 Ahana Sethi & Anr. Vs. State & Ors. Page 2/15

(e) Amount lying in PPF account bearing No. 015600PPF00000000525 with Punjab National Bank, Nehru Place, New Delhi.

(ii) Details of equity shares held with DP ID No. IN300142 and Client ID No. 10568496:­ S. No. Company Name ISIN Stock Symbol No. of Market Total Value (in Shares Price as on INR) 31.03.2015 (in INR)

1. ACCELYA KALE INE 793A01012 44 931.50 40,986.00 SOLUTIONS ACCELYA.NSE LIMITED

2. ADVANCE INE 436N01029 300 13.75 4,125.00 METERING AMTL.NSE TECHNOLOGY LIMITED

3. ALOK INE 270A01011 95,000 7.40 7,03,000.00 INDUSTRIES ALOKTEXT.NSE LIMITED

4. B A G FILMS INE 116D01028 50,000 2.90 1,45,000.00 AND MEDIA BAGFILMS.NSE LIMITED

5. BALLARPUR INE 294A01037 20,000 13.60 2,72,000.00 INDUSTRIES BALLARPUR.NSE LIMITED

6. BHARAT INE 029A01011 10,750 810.80 87,16,100.00 PETROLEUM BPCL.NSE CORPORATION LTD.

7. BHARTI AIRTEL INE 397D01024 6,500 393.30 25,56,450.00 LIMITED BHARTIARTL.NS E

8. BILCARE INE 986A01012 500 44.55 22,275.00 LIMITED BI.BSE

9. BINANI CEMENT INE 042H01019 1,000 90.50 90,500.00 LIMITED NOT LISTED

10. BIOCON INE 376G01013 2,500 469.30 11,73,250.00 LIMITED BIOCON.NSE

11. BIRLA INE 800A01015 41,279 52.05 21,48,571.95 ERICSSON BIRLAERIC.NSE OPTICAL LIMITED SS No.36/2015 Ahana Sethi & Anr. Vs. State & Ors. Page 3/15

12. CROMPTON INE 067A01029 2,000 166.00 3,32,000.00 GREAVES CROMPGREAV.NS LIMITED E

13. DCB BANK INE 503A01015 55,000 110.95 61,02,250.00 LIMITED DCBBANK.NSE

14. DCM SHRIRAM INE 499A01024 5,000 107.40 5,37,000.00 LIMITED DCMSHRIRAM.N SE

15. DECCAN INE 137G01027 3,300 2.58 8,514.00 CHRONICLE TRADING HOLDINGS LTD. SUSPENDED

16. DLF LIMITED INE 271C01023 15,000 158.25 23,73,750.00 DLF.NSE

17. DYNAMATIC INE 221B01012 400 3,857.25 15,42,900.00 TECHNOLOGIES DYNAMATECH.N LIMITED SE

18. ECE INE 588B01014 5,035 124.70 6,27,864.50 INDUSTRIES ECEIND.NSE LIMITED

19. EON ELECTRIC INE 076H01025 300 34.20 10,260.00 LIMITED EON.NSE

20. FAG BEARINGS INE 513A01014 175 4,173.25 7,30,318.75 INDIA LIMITED FAGBEARING.NS E

21. FULFORD INE 521A01017 660 1,284.75 8,47,935.00 (INDIA) LIMITED FULFORD.BSE

22. G.V. FILMS INE 395B01030 20,000 0.38 7,600.00 LIMITED GIFILM.BSE

23. GAIL (INDIA) INE 129A01019 5,000 387.80 19,39,000.00 LIMITED GAIL.NSE

24. GANGOTRI INE 670B01028 10,000 1.35 13,500.00 TEXTILES GANGOTRI.NSE LIMITED

25. GEI INE 599B01011 3,000 11.80 35,400.00 INDUSTRIAL GEINDSYS.NSE SYSTEMS LIMITED

26. GILLETTE INDIA INE 322A01010 1,395 4,783.00 66,72,285.00 LIMITED GILLETTE.NSE

27. GMR INE 776C01039 33,000 16.60 5,47,800.00 INFRASTRUCTU GMRINFRA.NSE RE LIMITED

28. GTN INE 537A01013 28,000 9.45 2,64,600.00 INDUSTRIES GTNIND.NSE LIMITED

29. GTN TEXTILES INE 302H01017 12,013 9.70 1,16,526.10 SS No.36/2015 Ahana Sethi & Anr. Vs. State & Ors. Page 4/15 LIMITED GTNTEX.NSE

30. GUJARAT INE 538A01037 1,601 705.75 11,29,905.75 FLUOROCHEMIC GUJFLUCRO.NSE ALS LIMITED

31. GUJARAT INE 162A01010 14,132 85.90 12,13,938.80 INDUSTRIES GIPCL.NSE POWER COMPANY LIMITED

32. HCL INE 860A01027 1,400 980.40 13,72,560.00 TECHNOLOGIES HCLTECH.NSE LIMITED

33. HINDUSTAN INE 549A01026 10,000 32.70 3,27,000.00 CONSTRUCTION HCC.NSE CO. LTD.

34. HINDUSTAN INE 094A01015 16,500 649.80 1,07,21,700.00 PETROLEUM HINDPETRO.NSE CORPORATION LIMITED

35. HITACHI HOME INE 782A01015 1,000 1,453.00 14,53,000.00 & LIFE HITACH SOLUTIONS (I) HOM.NSE LTD.

36. HONDA SIEL INE 634A01018 5,000 1,122.35 56,11,750.00 POWER HONDAPOWER.N PRODUCTS SE LIMITED

37. HONEYWELL INE 671A01010 400 8,513.05 34,05,220.00 AUTOMATION HONALT.NSE INDIA LIMITED

38. IDFC LIMITED INE 043D01016 2,500 166.95 4,17,375.00 IDFC.NSE

39. IFCI LIMITED INE 039A01010 30,000 33.35 10,00,500.00 IFCI.NSE

40. INDIAN OIL INE 242A01010 8,500 368.65 31,33,525.00 CORPORATION IOC.NSE LIMITED

41. INGERSOLL INE 177A01018 1,000 1,015.15 10,15,150.00 RAND (INDIA) INGERRAND.NSE LIMITED

42. INTELLECT INE 306R01017 10,000 107.20 10,72,000.00 DESIGN ARENA INTELLECT.NSE LIMITED

43. ION EXCHANGE INE 570A01014 500 260.00 1,30,000.00 (INDIA) LIMITED IONEXCHANGE.B SE SS No.36/2015 Ahana Sethi & Anr. Vs. State & Ors. Page 5/15

44. ITC LIMITED INE 154A01025 2,500 325.85 8,14,625.00 ITC.NSE

45. JAIN IN 9175A01010 350 38.95 13,632.50 IRRIGATION JISLDVREQS.NSE SYSTEMS LIMITED Different Voting Rights Equity Shares

46. JAIN INE 175A01038 12,000 61.60 7,39,200.00 IRRIGATION JISLALEQS.NSE SYSTEMS LIMITED

47. JAIPRAKASH INE 455F01025 30,000 24.80 7,44,000.00 ASSOCIATES JPASSOCIAT.NSE LIMITED

48. JAIPRAKASH INE 351F01018 13,000 10.25 1,33,250.00 POWER JPPOWER.NSE VENTURES LIMITED

49. JINDAL INE 197D01010 1,500 188.20 2,82,300.00 POLYFILMS JINDALPOLY.NSE LIMITED

50. JINDAL POLY INE 147P01019 375 86.05 32,268.75 INVESTMENT JPOLYINVST.NSE AND FINANCE COMPANY LIMITED

51. K.S. OILS INE 727D01022 1,000 0.85 850.00 LIMITED KSOILS.BSE

52. KEWAL KIRAN INE 401H01017 825 2,125.80 17,53,785.00 CLOTHING KKCL.NSE LIMITED

53. KPIT INE 836A01035 2,000 188.50 3,77,000.00 TECHNOLOGIES KPIT.NSE LIMITED

54. MARAL INE 882A01013 50,000 26.00 13,00,000.00 OVERSEAS MARALOVER.NS LIMITED E

55. MAX INDIA INE 180A01020 2,000 431.25 8,62,500.00 LIMITED MAX.NSE

56. MERCK LIMITED INE 199A01012 3,000 910.25 27,30,750.00 MERCK.NSE

57. MICRO INE 358B01012 4,000 3.60 14,400.00 TECHNOLOGIES TRADING INDIA LIMITED SUSPENDED SS No.36/2015 Ahana Sethi & Anr. Vs. State & Ors. Page 6/15

58. MINDTREE INE0181I01017 1,818.65 1,303.65 23,70,035.70 LIMITED

59. NAHAR INE289A01011 7,011 44.00 3,08,484.00 INDUSTRIAL NAHARINDUS.NS ENTERPRISES E LTD

60. NEW DELHI INE155G01029 61,000 113.85 69,44,850.00 TELEVISION NDTV.NSE LIMITED

61. NOIDA TOLL INE781B01015 12,000 33.45 4,01,400.00 BRIDGE NOIDATOLL.NSE COMPANY LIMITED

62. OIL AND INE213A01029 4,700 306.35 14,39,845.00 NATURAL GAS ONGC.NSE CORPORATION LIMITED

63. ONMOBILE INE809I01019 2,000 72.95 1,45,900.00 GLOBAL ONMOBILE.NSE LIMITED

64. OPTO CIRCUITS INE808B01016 36,000 18.85 6,78,600.00 (INDIA) LIMITED OPTOCIRCUI.NSE

65. PALRED INE218G01017 10,000 17.75 1,77,500.00 TECHNOLOGIES PALRED.NSE LIMITED

66. PETRONET LNG INE347G01014 10,000 171.55 17,15,500.00 LIMITED PETRONET.NSE

67. POLARIS INE763A01023 10,000 165.45 16,54,500.00 CONSULTING & POLRIS.NSE SERVICES LIMITED

68. PRAJ INE074A01025 10,000 62.40 6,24,000.00 INDUSTRIES PRAJIND.NSE LIMITED

69. PRATIBHA INE308H01022 2,750 41.85 1,15,087.50 INDUSTRIES PRATIBHA.NSE LIMITED

70. PRIME FOCUS INE367G01038 1,35,000 40.55 54,74,250.00 LIMITED PFOCUS.NSE

71. RANBAXY INE015A01028 7,400 814.00 60,23,600.00 LABORATORIES RANBAXY.NSE LIMITED

72. RELIANCE INE013A01015 4 424.55 1,698.20 CAPITAL RELCAPITAL.NSE LIMITED

73. RELIANCE INE330H018 12,080 59.25 7,15,740.00 SS No.36/2015 Ahana Sethi & Anr. Vs. State & Ors. Page 7/15 COMMUNICATI RCOM.NSE ONS LIMITED

74. RELIANCE INE002A01018 160 826.00 1,32,160.00 INDUSTRIES LIMITED

75. RELIANCE INE036A01016 6 433.80 2,602.80 INFRASTRUCTU RE LIMITED

76. RELIANCE INE614G01033 45 56.50 2,542.50 POWER LIMITED RPOWER.NSE

77. ROHIT FERRO­ INE248H01012 3,000 6.90 20,700.00 TECH LIMITED ROHITFERRO.NS E

78. SASKEN INE231F01020 2,500 217.80 5,44,500.00 COMMUNICATI SAKSEN.NSE ON TECHNOLOGIES LIMITED

79. SCHABLONA INE024C01026 4,137 11.0 45,507.00 INDIA LIMITED SCHABLON.BSE

80. SKS INE180K0101 2,000 457.95 9,15,900.00 MICROFINANCE SKSMICRO.NSE LIMITED

81. SPICEJET INE285B01017 30,000 21.70 6,51,000.00 LIMITED SPICEJET.BSE

82. SRINIVASA INE312E01013 3,319 125.50 4,16,534.50 HATCHERIES SRINIHAT.BSE LIMITED

83. SUPREME INE550H01011 1,200 191.65 2,29,980.00 INFRASTRUCTU SUPREMEINF.NS RE INDIA LTD E

84. SUZLON INE040H01021 2,15,000 27.35 58,80,250.00 ENERGY SUZLON.NSE LIMITED

85. TAJ GVK INE586B01026 5,000 68.95 3,44,750.00 HOTELS & TAJGVK.NSE RESORTS LIMITED

86. TATA INE467B01029 300 2,553.95 7,66,185.00 CONSULTANCY TCS.NSE SERVICES LIMITED

87. TATA MOTORS INE155A01022 3,000 550.20 16,50,600.00 LIMITED TATAMOTORS.NS E

88. TATA STEEL INE081A01012 238 316.75 75,386.50 SS No.36/2015 Ahana Sethi & Anr. Vs. State & Ors. Page 8/15 LIMITED TATASTEEL.NSE

89. TATA INE517B01013 17,000 7.85 1,33,450.00 TELESERVICES TTML.NSE (MAHARASHTR A) LTD

90. TECH INE669C01036 6,588 629.70 41,48,463.60 MAHINDRA TECHM.NSE LIMITED

91. TECPRO INE904H01010 5,000 11.25 56,250.00 SYSTEMS TECPRO.NSE LIMITED

92. THE SOUTH INE683A01023 50,000 25.20 12,60,000.00 INDIAN BANK SOUTHBANK.NS LTD E

93. THE TATA INE245A01021 10,000 77.10 7,71,000.00 POWER TATAPOWER.NSE COMPANY LIMITED

94. THOMAS INE332A01027 10,000 208.45 20,84,500.00 COOK(I) THOMASCOOK.N LIMITED SE

95. TITAGARH INE615H01012 1,000 575.90 5,75,900.00 WAGONS TWL.NSE LIMITED

96. TITAN INE280A01028 20,000 391.60 78,32,000.00 COMPANY TITAN.NSE

97. TRIGYN INE948A01012 6,63,699 35.85 2,37,93,609.15 TECHNOLOGIES LIMITED

98. TV TODAY INE038F01029 80,000 216.90 1,73,52,000.00 NETWORK TVTODAY.NSE LIMITED

99. TV18 INE886H01027 4,509 30.30 1,36,622.70 BROADCAST TV18BRDCST.NSE LIMITED

100. UNITECH INE694A01020 1,00,000 16.15 16,15,000.00 LIMITED UNITECH.NSE

101. V2 RETAIL INE945H01013 10,000 32.35 3,23,500.00 LIMITED V2RETAIL.NSE

102. VENKY'S INE398A01010 2,668 332.35 8,86,709.80 (INDIA) LIMITED VENKEYS.NSE

103. VIDEOCON INE703A01011 4,000 155.85 6,23,400.00 INDUSTRIES VIDEOIND.NSE LIMITED

104. VINDHYA INE707A01012 4,109 506.90 20,82,852.10 TELELINKS VINDHYATEL.NS SS No.36/2015 Ahana Sethi & Anr. Vs. State & Ors. Page 9/15 LIMITED E

105. VST INE710A01016 2,980 1,571.40 46,82,772.00 INDUSTRIES VSTIND.NSE LIMITED

106. WOCKHARDT INE049B01025 10,000 1,866.80 1,86,68,000.00 LIMITED WOCKPHARMA.N SE

107. ZEE MEDIA INE 966H01019 75,000 17.70 13,27,500.00 CORPORATION ZEEMEDIA.NSE LIMITED

108. ZODIAC INE 206B01013 1,050 283.90 2,98,095.00 CLOTHING ZODIACLOTH.NS COMPANY E LIMITED Sub Total 20,95,05,160.15 Corporate Bonds (C)

109. National Highways INE 21,600 1000 2,16,00,000 Authority of India 906B07CA1 (fixed Interest Bonds

(iii) Details of mutual funds folios:­ S. No. ISIN ISIN Description Folio No. Number NAV in Rs. Value in UCC. of Units Rs.

1. INF740K DSP Black Rock 2760378 21,50,000. 12.4523 2,67,72, 01MAG FTP­Series 11­36M­ 000 445.00 Growth Maturity Date 07­Sep­2015

2. INF223J0 DWS Fixed Maturity 2200601832 21,50,000. 12.2523 2,63,42, 1MAS Plan­Series 16­ 00 445.00 Growth

3. INF090I0 Franklin India 18110896 46,64,868. 14.0972 6,57,61,5 1ET7 Corporate Bond 101 78.59 MFTEMP Opportunities Fund­ 0128 GROWTH

4. INF090I0 Franklin India Short 18110896 26,659.775 2,873.8473 7,66,16,1 1304 Term Income Plan­ 22.40 MFTEMP Retail Plan­ 0037 GROWTH

5. INF179K HDFC Cash 7814420 2,05,250.7 10.0801 20,68,94 01475 Management Fund­ 58 8.17 MFHDFC Treasury Advantage SS No.36/2015 Ahana Sethi & Anr. Vs. State & Ors. Page 10/15 0027 Plan Retail­Weekly Dividend

6. INF179K HDFC Equity Fund­ 6794400 77,268.457 53.6960 41,49,00 01582 Dividend 7.07 MFHDFC 0019

7. INF179K HDFC Floating Rate 6794400 2,73,036.7 10.0809 27,52,45 01640 Income Fund­Short 38 6.05 MFHDFC Term Plan­Retail 0017 Option Dividend Reinvestment­Daily

8. INF179K HDFC Floating Rate 6794400 1,53,808.5 10.0809 15,50,52 01699 Income Fund­Short 96 9.08 MFHDFC Terms Plan­ 0C17 Wholesale Option­ Dividend Reinvestment­Daily

9. INF179K HDFC Floating Rate 8571124 30,675.080 10.0809 3,09,232 01699 Income Fund­Short .41 MFHDFC Terms Plan­ 0017 Wholesale Option­ Dividend Reinvestment­Daily

10. INF204K RELIANCE 4359672968 10,986.817 75.6673 8,31,342 01AE0 DIVERSIFIED 6 .78 Not POWER SECTOR Available FUND­GROWTH PLAN­GROWTH OPTION

11. INF903J0 SUNDARAM SBBNAD51 26,00,000. 11.4662 2,98,12, 1WE3 FIXED TERM 0668 000 120.00 Not PLAN DZ 2 Available YEARS REGULAR GROWTH Total 23,69,66 ,226.55

3. Notice of the petition was published in the daily newspaper 'The Statesman' dated 12.05.2015 to invite objections from the public at large for the grant of succession certificate in respect of debts and securities of SS No.36/2015 Ahana Sethi & Anr. Vs. State & Ors. Page 11/15 the deceased. None, however, appeared from the public at large to raise any objection to it.

4. Sh. Gaurav Jain, Vice President, HSBC, Greater Kailash­I has been examined as PW1. He produced the statement of dmat account, statement of saving account and mutual funds investment account of deceased Late Atul Sethi. As per statement of saving account bearing account no.

094030186006, the available balance is Rs. 76,45,805.39. He proved the same as Ex.PW1/B. As per statement of mutual funds, the payable amount is Rs. 7,97,827.49. Copy of statement of mutual fund is Ex.PW1/C. Statement of dmat account is Ex.PW1/A.

5. Sh. Siddhartha Kitchlu, Service Manager, Citi Bank, South Extension Branch, New Delhi has been examined as PW2. He produced the statement of saving bank account of deceased Late Atul Sethi bearing account No. 5253951224. As per statement of account, the available balance in account is Rs. 44,955.83. Copy of statement of account is Ex.PW2/A. He has also produced statement of mutual fund bearing account no. 3253951256, as per which the payable amount is Rs.

20,84,500.03. Copy of statement of mutual fund is Ex.PW2/B.

6. Sh. B. Channakeshavamurthy, Chief Manager, Corporation Bank, Greater Kailash­II, New Delhi has been examined as PW3. He produced statement of account of deceased Late Atul Sethi bearing account no.

SS No.36/2015 Ahana Sethi & Anr. Vs. State & Ors. Page 12/15

SB/1/2614. As per statement of account, the available balance in the account is Rs. 1,43,150.05. Copy of statement of account is Ex.PW3/A.

7. Sh. Harmeet Singh Bawa, Relationship Manager, HDFC Bank, Greater Kailash­II, Masjid Moth, New Delhi has been examined as PW4.

He produced the statement of account of deceased Late Atul Sethi bearing account No. 00271930016628. As per statement of account, the available balance in the account is Rs. 7,93,497.40. Copy of statement of account is Ex.PW4/A.

8. Sh. Ankit Chaturvedi, SWOA, Punjab National Bank, Nehru Place Branch, New Delhi has been examined PW5. He produced the statement of PPF account of deceased Late Atul Sethi bearing account no.

015600PPF00000000525 with Kalkaji Branch. As per statement of account, the available balance is Rs. 35,63,740/­. Copy of statement of PPF account is Ex.PW5/A.

9. Respondent no. 2 Smt. Uma Sethi has been examined as RW1. She deposed that deceased Late Atul Sethi was her son. She further deposed that she has no objection if the succession certificate in respect of debts and securities of deceased son is issued in favour of petitioner no. 1 and

2. She placed on record copy of her aadhar card as Ex.RW1/A.

10. Petitioner no. 1 Ms. Ahana Sethi has been examined as PW1. She deposed that her father Sh. Atul Sethi passed away on 14.03.2015. The death certificate of her deceased father is Ex.PW6/A. The deceased did SS No.36/2015 Ahana Sethi & Anr. Vs. State & Ors. Page 13/15 not leave any Will behind him. She deposed that her deceased father is survived by her, her brother Master Aryaman Sethi (petitioner no. 2) and her grandmother Smt. Uma Sethi (respondent no. 2). She further deposed that her grandmother has no objection if the succession certificate is issued in her favour as well as in favour of her brother i.e petitioner no. 2.

The total value of debts and securities for which succession certificate is sought for is Rs. 47,94,34,346.93. She placed on record copy of her aadhar card is Ex.PW6/B. The consolidated statement of demat account and mutual fund folio is Ex.PW6/C.

11. I have heard the arguments advanced by the Ld. counsel and gone through the records.

12. From the oral testimony and documents on record and the death certificates Ex.PW6/A, it is clear that Late Atul Sethi passed away on 14.03.2015. As per the testimony of the petitioner no. 1, she, her brother and her grandmother are the only surviving legal heirs of deceased.

Respondent no. 2 has given her no objection to the grant of succession certificate in respect of debts and securities of deceased in favour of petitioner no. 1 and 2.. The total value of the debts and securities, for which succession certificate is sought for, is Rs. 47,94,34,347/­.

13. None has appeared on behalf of the public at large to contest the aforesaid claim of the petitioner. There is also no impediment under SS No.36/2015 Ahana Sethi & Anr. Vs. State & Ors. Page 14/15 section 370 of the Act to the grant of succession certificate. Therefore, I deem it fit to allow this petition. This petition is hereby allowed.

14. I, therefore, hold both the petitioners namely Ms. Ahana Sethi and Master Aryaman Sethi entitled to grant of succession certificate under section 373 of the Act in respect of the aforesaid debts and securities of their deceased father.

15. Accordingly, succession certificate be issued to both petitioners namely Ms. Ahana Sethi and Master Aryaman Sethi (being minor through his mother Smt. Sheuli Sethi till he attains majority) on filing of Court fees of Rs. 59,92,929/­ each in terms of Article 12, Schedule 1 of Court fees Act, 1870 and an indemnity bond in the sum of Rs. 23,97,17,174/­ each with one surety in the like amount. File be consigned to Record Room.

Announced in the open Court (Pooja Talwar) Today on May 29th, 2015 ACJ/CCJ/ARC­(SE) Saket Court, New Delhi SS No.36/2015 Ahana Sethi & Anr. Vs. State & Ors. Page 15/15