Application for grant-executorship laws and acccounts, Financial Accounting


1) An application for a grant of representation ("representation" means the probate of a will or the grant of letters of administration) is made in such a form as is prescribed, signed by the applicant and witnessed in the prescribed manner.  Probate is the certificate of a court of competent jurisdiction that a will, of which a certified copy is attached in the case of a written will, has been proved a valid will with a grant of representation to the executor in respect of the estate.

2) No permission of any information from an application shall affect the power of the court to entertain the application.

3) Any person who makes an application and willfully or recklessly makes a statement in it which is false is guilty of an offence punishable by a fine of Shs.10,000 or to up to a year, or both.

4) No grant of letters of administration, with or without the will annexed, shall be made to a body corporate other than the public trustee or a trust corporation.

5) No grant of representation shall be made to a syndicate or nominee on behalf or a body corporate.

6) A person who has been appointed by a will, as an executor thereof, may either by oral declaration before the court or by writing under his hand denounce executorship and shall there after be precluded from applying for grant of probate of that will.

7) Where several executors are appointed, probate may be granted to them all simultaneously or at different times.

8) When a deceased has died intestate, the court has a final discretion as to the person or persons to whom a grant of letters of administration is made, in the best interest of all concerned.

Posted Date: 12/13/2012 4:55:37 AM | Location : United States

Related Discussions:- Application for grant-executorship laws and acccounts, Assignment Help, Ask Question on Application for grant-executorship laws and acccounts, Get Answer, Expert's Help, Application for grant-executorship laws and acccounts Discussions

Write discussion on Application for grant-executorship laws and acccounts
Your posts are moderated
Related Questions
a) DELL computers sell 100 PCs at Rs.42,000. The variable expenses amount to Rs.28,000 per PC. The total fixed expenses is Rs.14,00,000. Prepare an income statement.   b.) Ca

1) A magazine offers a one-year subscription at a cost of 15 with renewal the following year 16.50. Also offered is a two-year subscription at a cost of 28. What is the effective a

The liquidation of the Marks, Norris, Smith, and Savannah partnership:

An investment project requires a net investment of $100,000 and is expected to generate annual net cash inflows of $25,000 for 6 years. The firm's cost of capital is 12 percent. De

Q. If a corporation declares a 10% stock dividend on its common stock, the account to be debited on the date of declaration is a. Common Stock Dividends Distributable. b. Common St

This assignment requires you to pretend you have $10,000 to invest for 4 weeks.  You are to "invest" this money in stocks or mutual funds and to track your investments on a weekly

Introduction to Pension funds Pension funds are normally set up to provide pension benefits to employees who have retired. The pension funds receive contributions mainly from e

Application of discharge Application may be made at any time after adjudication, but cannot be heard until the conclusion of the public examination. Notice of the hearing must

Conversion of members' to creditors' winding up If the liquidator in a members' winding up forms the opinion that the company will not be able to pay its debts in full within t

For this assignment you are acting as a financial analyst for Apple Inc. Apple Inc. Is one of the most innovative companies worldwide. For example, in November 2012 Apple sold 3 mi