When, Why and How to obtain a Succession Certificate in Bangladesh.
What is a Succession Certificate?
A succession certificate in Bangladesh is a legal document issued by a court that allows a person
to claim movable assets (like bank accounts, shares, or debts) of a deceased individual.
When to Obtain a Succession Certificate
A Succession Certificate is required when a person dies intestate (without leaving a will).
Why Obtain a Succession Certificate
It gives the rightful heir(s) legal authority to inherit and manage the deceased’s movable assets.
Moreover, Banks, financial institutions, and companies require this document before releasing
funds or transferring ownership of shares.
How to Obtain a Succession Certificate
Initially an application (petition) needs to be filed to the relevant district court in the jurisdiction
where the deceased resided. Furthermore, application (petition) must include details like the
deceased’s name, date of death, address, details of legal heirs, and the list of assets for which the
certificate is required, in addition petitioner/ applicant has to pay the prescribed court fees,
typically based on the total value of the assets. Afterwards, the court verifies the
petitioner’s/applicant’s claim through notices to other legal heirs and public advertisements
(often in newspapers) to invite objections, if any. If any objections are filed, the court conducts a
hearing to resolve disputes before proceeding. However, If no objections are raised (or once
disputes are resolved), the court issues the succession certificate.
A succession certificate in Bangladesh is a legal document issued by a court that allows a person
to claim movable assets (like bank accounts, shares, or debts) of a deceased individual.
When to Obtain a Succession Certificate
A Succession Certificate is required when a person dies intestate (without leaving a will).
Why Obtain a Succession Certificate
It gives the rightful heir(s) legal authority to inherit and manage the deceased’s movable assets.
Moreover, Banks, financial institutions, and companies require this document before releasing
funds or transferring ownership of shares.
How to Obtain a Succession Certificate
Initially an application (petition) needs to be filed to the relevant district court in the jurisdiction
where the deceased resided. Furthermore, application (petition) must include details like the
deceased’s name, date of death, address, details of legal heirs, and the list of assets for which the
certificate is required, in addition petitioner/ applicant has to pay the prescribed court fees,
typically based on the total value of the assets. Afterwards, the court verifies the
petitioner’s/applicant’s claim through notices to other legal heirs and public advertisements
(often in newspapers) to invite objections, if any. If any objections are filed, the court conducts a
hearing to resolve disputes before proceeding. However, If no objections are raised (or once
disputes are resolved), the court issues the succession certificate.