The central legal point established in the judgment is the court's interpretation and application of the provisions of the Indian Succession Act, particularly Sections 376, 387, 373(3), and 375(1), in the context of granting succession certificate for the debts and securities of the deceased.

JUDGMENT

1. By way of present appeals filed under Section 299 of the Indian Succession Act, 1925 (hereinafter, `the Act'), the appellant has assailed parts of judgments dated 13.09.2019 and 01.06.2019 passed by learned ACJ-cum-CCJ-cum-ARC (NW), Rohini Courts, Delhi in M. No.84/19 and SCC No. 99/18 respectively. It is prayed that the appellant may be granted succession certificate qua all moveable properties/lockers of deceased/Smt. Kaushal Bhutani.

2. Since both the appeals arise from a common judgment dated 01.06.2019, they are being taken up together for consideration and shall be disposed of accordingly.

3. The facts, as discernible from the records, are that the appellant had preferred a petition under Section 372 of the Act, praying for grant of Succession Certificate in respect of investments/debts/securities of Late Sh.Ram Lal Bhutani and Late Smt.Kaushal Bhutani. It was claimed that the appellant was the brother of Sh.Ram Lal Bhutani, who was married to Smt.Kaushal Bhutani. Both Sh.Ram Lal Bhutani and Smt. Kaushal Bhutani had expired on 02.09.2017, in respect of which an FIR No. 279/2017 under Sections 302/394 IPC was recorded at P.S. Bharat Nagar, Delhi.

It was further claimed that the appellant's parents had already expired and both the deceased having died intestate, were survived by only two legal heirs i.e., the appellant and respondent No. 2. It was also stated that both the deceased had several accounts with various banks.

4. Pursuant to the appellant's petition before the learned ACJ, a publication was carried out. However, no member of the public came to oppose or contest the petition. The appellant examined the concerned bank officials of different banks and eventually the petition was partly allowed inasmuch as Succession Certificate in respect of debts and securities of Sh.Ram Lal Bhutani was granted in favour of the appellant, however, Succession Certificate qua debts and securities owned independently and exclusively by Smt.Kaushal Bhutani as well as her half share in debts and securities jointly owned by her with her husband was not granted.

5. In the review proceedings initiated by the appellant, the prayer was only allowed qua the omitted/missing entries pertaining to Oriental Bank of Commerce, State Bank of India and Canara Bank, and rejected insofar as prayer qua properties of Smt.Kaushal Bhutani were concerned.

6. The details of debts/securities/insurance policies stated to be exclusively in the name of Smt. Kaushal Bhutani, as mentioned in the impugned judgment dated 01.06.2019, are as under:

7. The details of d