Registered Release Deed
Mr Prakash expired intestate. Mr Prakash's wife died six months later. Leaving behind them two sons A and B.
Mr Prakash married only once.
Mr. Prakash left behind an immovable property. A flat in a co-operative housing society.
In the records of the society Mr. Prakash had made the nomination in favor of his sons A and B.
A and B entered into a release deed in which B transferred all his rights to A in the property.
A then also put up an advertisement in regional and national daily.
A and B also presented an notarized affidavit
A also submitted the death certificates of Mr Prakash and his wife
the property got transferred in the share certificate and records of the society.
Now, A wants to sell the property. However, one bank while sanctioning the loan asked for succession certificate, while other bank cleared the loan
So my question is whether , in the above specific case, a succession certificate is required or a registered release deed and an affidavit along with newspaper advertisement would do....
Kindly answer my question in detail.