Partition Suits ?

Sidhhi (7 Points)

26 October 2024  

Sir, please do guide and suggest a solution in below situation:

A deceased person in 1996 left behind shares in physical form of different cos worth to day Rs 5 Crores. Due to evil minds in his family inspite of obtaining LoA from Bombay High Court in 2023 two adminstrators are not moving forward and the third adminstrator aged 78 yrs is forced go for a Partition Suit to get his 20% share without wasting further time. Infact the two adminstrators are waiting for his demise.

How shares in physical form will be valued with all acrued dividends and bonuses by the court. Third adminstrator is willing to pay 3lacs Court fee.

TIA