Chettinad Coal Washeries Pvt Ltd vs Dr. M.A.M. Ramaswamy Chettiar&Anr on
Chettinad Coal Washeries Pvt Ltd vs Dr. M.A.M. Ramaswamy Chettiar&Anr on
Ambadi Investments Limited vs M.V.Valli Murugappan on 1 August, 2023
NATIONAL COMPANY LAW
accountable person took a plea that deceased did not acquire any interest in the money paid after his death and, therefore, policy money does ... benefits arising out of the policy. There is no devolution of interest in such a case, from the deceased to another person. From the inception
ascertain whether it is erroneous and
prejudicial to the interest of the revenue but does not confer
jurisdiction to substitute his opinion for the opinion ... section 6 of the Hindu Succession (Amendment) Act,
2005, express that devolution of interest in coparcenaries
property, the daughter of coparcener shall a) by birth
question as to the same was a case
of transfer or devolution of interest. However, since this issue has neither been
raised before
that the order of the WTO was erroneous and prejudicial to the interest of revenue. He invoked the provisions of Section 25(2) . The assessee ... Succession Act, 1956 . Section 6 of the said Act deals with devolution of interest in coparcenary property. It reads as under :
When a male Hindu
heir of the daughter, which is relevant only in case of devolution of interest in the property as per the Hindu Succession Act within which
Succession Act . Section 6 of the aforesaid Act deals with the devolution of interest which a male Hindu has in a Mitakshari coparcenary property. There ... widow and interest of the deceased in the coparcenary property has to devolve according to the proviso. In this case, the devolution will
Hindu Succession Act made a radical departure in the devolution of interest of a coparcener in the joint family property on his death. Section ... having at the time of his death an interest in a Mitakshara coparcenary property, his interest in the property shall devolve by survivorship upon