The Supreme Court held that probate revocation pleas under Section 263 of the Indian Succession Act are subject to limitation under Article 137 of the Limitation Act, ruling that parties cannot avoid statutory deadlines by ignoring constructive notice or failing to investigate facts a prudent person would examine.
The Bombay High Court ruled that Shireen Jejeebhoy, Ratan Tata’s sister, is entitled to legal costs from his estate. The decision clarified the distribution of Ratan Tata’s assets as detailed in his Will and Codicils, emphasizing that unlisted and listed shares will be allocated to the Ratan Tata Endowment Foundation and Trust.
