Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 3, Cited by 0]

Bangalore District Court

Mrs.Jyotsna D.Bhandarkar vs Nil on 15 November, 2016

 IN THE COURT OF THE XIX ADDL. CITY CIVIL &
 SESSIONS JUDGE AT BANGALORE CITY: (CCH.18)

      Dated this the 15th day of November, 2016.
                          Present
             SMT.K.B.GEETHA, M.A., LL.B.,
        XIX ADDL. CITY CIVIL & SESSIONS JUDGE,
                   BANGALORE CITY.

                  P & SC.No.333/2015

PETITIONERS:          1. Mrs.Jyotsna D.Bhandarkar
                         Aged about 67 years,
                         W/o Late Mr.Dileep Bhandarkar

                      2. Mr.Nikhil Bhandarkar,
                         Aged about 32 years,
                         S/o Late Mr.Dileep Bhandarkar

                      3. Ms.Shilpa Bhandarkar,
                         Aged about 37 years,
                         D/o Late Mr.Dileep Bhandarkar

                   All of them Residing at :
                   No.122,3rd Main, Defence Colony
                   HAL II stage, Indiranagar,
                   Bangalore-560 038.

                   (By      Smt.        Meena      Venugopal
                   Advocate)

                   -VS-

RESPONDENT :        - NIL-

                          ORDERS

      The petitioners have filed this petition U/S.372 of the

Indian Succession Act, praying for grant of succession
                               2         P&SC.No.333/2015




certificate in favour of petitioner No.1 in respect of petition

schedule property and for such other reliefs.


2. The case of petitioners in nutshell is that petitioner No.1

is the wife and petitioner Nos.2 & 3 are children of late

Mr.Dileep Mangesh Bhandarkar. Petitioner No.1 married to

Mr.Dileep Mangesh Bhandarkar in the year 1976 and

petitioners No.2 & 3 were born to them from said wedlock.

Mr.Dileep Mangesh Bhandarkar died on 18.07.2007 leaving

behind only petitioners as his legal heirs. Mr.Dileep Mangesh

Bhandarkar     had     140    shares     of     Glaxosmithkline

Pharmaceuticlas Ltd., in Karvy Computershare Pvt. Ltd.,

having share certificate No.1141469 from 78297368 to

78297507.    Mr.Dileep    Mangesh      Bhandarkar    had   not

nominated anyone to his account nor did make any Will in

favour of anyone to succeed his estate pertaining to this

property. Petitioner No.1 approached Karvy Computershare

Pvt. Ltd., requesting them to provide instructions to the

concerned office to transfer the shares held in her husband's

name to her name but the company requested the petitioner
                                3         P&SC.No.333/2015




No.1 to provide succession certificate to transfer the same.

Deceased Mr.Dileep Mangesh Bhandarkar was living in the

address mentioned in the cause title with his wife and

children prior to his death. Hence, the petition for

appropriate releifs.


3.   After filing the petition, as per section 373 (2) of Indian

Succession Act, petitioners have taken paper publication

pertaining to this petition in "Samyuktha Karnataka" daily

news paper.     Even after such publication regarding this

petition, nobody has come forward and contested the

petition.


4.   On behalf of petitioners, petitioner No.1 is examined as

P.W.1, got marked Ex.P.1 to Ex.P.10 and closed their side.


5.   Heard argument of learned counsel for petitioners.
[




6.     From the above facts, the point that arises for

consideration is:-

             "Whether the petitioners are entitled to
     get Succession Certificate pertaining to
     petition schedule shares in the name of first
     petitioner?"
                                  4           P&SC.No.333/2015




     7.   Finding of this Court on the above point is in

     affirmative for the following:-


                         REASONS

8.    The petitioners have filed this petition U/S.372 of the

Indian Succession Act, praying for grant of succession

certificate in respect of schedule equity shares 140 shares of

Glaxosmithkline Pharmaceuticals Ltd., bearing Certificate

No.1141469, Dist From 78297368 Dist to 78297507 in Karvy

Computershare     Pvt.   Ltd.,   of   late    Mr.Dileep   Mangesh

Bhandarkar in the name of petitioner No.1.


     9. They further contended that the petitioner No.1 is

the wife, petitioner Nos.2 & 3 are children of late Mr.Dileep

Mangesh Bhandarkar.        They further contended that late

Mr.Dileep Mangesh Bhandarkar was residing with petitioners

in the petition cause title address i.e., at No.122,3rd Main,

Defence Colony, HAL II stage, Indiranagar,Bangalore-560

038 and died intestate on 18/07/22007 leaving behind

petitioners as his legal heirs entitled to succeed his estate.

Petitioners have produced the Death certificate of deceased
                                5         P&SC.No.333/2015




Mr.Dileep Mangesh Bhandarkar as per Ex.P.6. It reveals that

on 18.07.2007, Mr.Dileep Mangesh Bhandarkar died at

Bangalore Institute of Oncology and his permanent address

is as mentioned in this petition and in Ex.P.6 are one of the

same. The petitioners have also produced the Aadhar Card

of 1st petitioner, Aadhar Card of 2nd petitioner and PAN card

of 3rd petitioner as per Ex.P.3 to 5.        They reveal that

petitioners No.1 & 2 are residing in the same cause title

address as mentioned in the petition. Address of petitioner

No.3 is not mentioned in the PAN card.

      10. Petitioners have stated in the petition and also in

the affidavit evidence of 1st petitioner that petitioners are the

only legal heirs of deceased Mr.Dileep Mangesh Bhandarkar.

      11. As discussed above, the deceased Mr.Dileep

Mangesh Bhandarkar was resident of Bengaluru. Petitioners

No.1 & 2 are also permanent residents of Bengaluru. Hence,

this court has got jurisdiction to grant succession certificate.

Even after paper publication as required under S.373 of

Indian Succession Act, no one has come forward to contest

the petition.
                               6         P&SC.No.333/2015




12. Petitioners contended that deceased Mr.Dileep Mangesh

Bhandarkar left behind 140 shares of Glaxosmithkline

Pharmaceuticals Ltd., bearing Certificate No.1141469, Dist

From 78297368 Dist to 78297507 in Karvy Computershare

Pvt. Ltd., and has not left any Will and died intestate. To

Substantiate that deceased Mr.Dileep Mangesh Bhandarkar

had these shares,     petitioners have produced Ex.P.8.      It

reveals that deceased Mr.Dileep M Bhandarkar was having

140 shares of Glaxosmithkline Pharmaceuticals Ltd., and it

was incorporated in their ledger Folio/client ID.0312069. This

document    reveals   that   deceased    Mr.Dileep   Mangesh

Bhandarkar has left behind the schedule 140 shares at

Glaxosmithkline Pharmaceuticals Ltd.

     13. Petitioners have also produced letter written by

Karvy Computershare Pvt. Ltd., as per Ex.P.9 dated

16.07.2014. This letter reveals that 1st petitioner has given

application for transfer of 140 shares bearing Certificate

No.1141469, Dist From 78297368 Dist to 78297507 standing

in the name of her husband into her name and then Karvy

Computershares Pvt. Ltd., has written this letter and also
                                 7         P&SC.No.333/2015




letter per Ex.P.10 dated 20.11.2015 to her to obtain

succession certificate from the Court.


      14. All the above facts clearly establish that petitioners

are only LRs of deceased Mr.Dileep Mangesh Bhandarkar and

they are entitled for succession certificate pertaining to

petition schedule 140 shares shares of Glaxosmithkline

Pharmaceuticals Ltd., bearing certificate No.1141469, Dist

From 78297368 Dist to 78297507 in Karvy Computershares

Pvt., Ltd.

      15.    Petitioners   prayed   for   grant    of   succession

certificate in the name of 1st petitioner only. In this regard

petitioners No.2 & 3 have stated in their General Power of

Attorneys executed as per Ex.P.1 & 2              that they have

nominated the 1st petitioner as their power of attorney

holder to receive any property on their behalf and to deal

with such properties as 1st petitioner think fit proper.

Accordingly, the point under consideration is answered in

affirmative and this court proceeds to pass the following:-
                             8           P&SC.No.333/2015




                          ORDER

Petition filed by petitioners U/S.372 of the Indian Succession Act is allowed.

Office is directed to issue succession certificate in favour of 1st petitioner on her behalf and also on behalf of petitioner Nos.2 & 3 and thereby empowering 1st petitioner to get transfer the shares in to her name with a direction to disburse 1/3rd each of the shares in to the names of petitioner No.2 & 3 pertaining to 140 shares of Glaxosmithkline Pharmaceuticals Ltd., bearing certificate No.1141469, Dist From 78297368 Dist to 78297507 in Karvy Computershares Pvt., Ltd.

(Dictated to the Stenographer transcribed and computerized by her, corrected and then pronounced by me in the open Court on this the 15th day of November, 2016).

(K.B.GEETHA) XIX ADDL.CITY CIVIL & SESSIONS JUDGE, BANGALORE CITY.

9 P&SC.No.333/2015

ANNEXURE I. List of witnesses examined on behalf of :

(a) Petitioners' side :
P.W.1 - Jyotsna D.Bhandarkar
b) Respondent's side : Nil II. List of documents exhibited on behalf of :
(a) Petitioners' side :
Ex.P.1 & Ex.P.2 Power of Attorneys Ex.P.3 Aadhar Card Ex.P.4 Aadhar Card Ex.P.5 PAN Card Ex.P.6 Death Certificate Ex.P.7 Family Tree Ex.P.8 Letter Ex.P.9 & 10 Two letters
(b) Respondent's side :
- NIL-
XIX ADDL.CITY CIVIL & SESSIONS JUDGE, BANGALORE CITY.
10 P&SC.No.333/2015
Order pronounced in open court vide separate detailed order with the following operative portion:-
ORDER Petition filed by petitioners U/S.372 of the Indian Succession Act is allowed.
Office is directed to issue succession certificate in favour of 1st petitioner on her behalf and also on behalf of petitioner Nos.2 & 3 and thereby empowering 1st petitioner to get transfer the shares in to her name with a direction to disburse 1/3rd each of the shares in to the names of petitioner No.2 & 3 pertaining to 140 shares of Glaxosmithkline Pharmaceuticals Ltd., bearing certificate No.1141469, Dist From 78297368 Dist to 78297507 in Karvy Computershares Pvt., Ltd.

(K.B.GEETHA) XIX ADDL.CITY CIVIL & 11 P&SC.No.333/2015 SESSIONS JUDGE, BANGALORE CITY.