Transmission Issue vis-à-vis Maintainability under Oppression and Mismanagement

Transmission means “The right which heirs or legatees may have of passing to their successors the inheritance or legacy to which they were entitled, if they happen to die without having exercised their rights”- Black Law Dictionary 4th Edition, Pg. No. 1670. Referring to its above-mentioned meaning it clearly establishes the situation wherein the property of a deceased person is getting titled in the name of his legal heir. Taking it forward in more clear manner, it does not only mean the situatTransmission means “The right which heirs or legatees may have of passing to their successors the inheritance or legacy to which they were entitled, if they happen to die without having exercised their rights”- Black Law Dictionary 4th Edition, Pg. No. 1670. Referring to its above-mentioned meaning it clearly establishes the situation wherein the property of a deceased person is getting titled in the name of his legal heir. Taking it forward in more clear manner, it does not only mean the situattaxmann.com Latest ArticlesRead More

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