Court Declares Garima Saikia Garg Legal Successor to Zubeen Garg’s Bank and Mutual Fund Assets

Overview

• The District and Sessions Judge’s court has issued and formally handed a succession certificate to Garima Saikia Garg recognising her as the legal heir to specified bank accounts and mutual fund holdings of the late singer.
• The certificate covers roughly Rs 9.63 lakh held across two Standard Chartered accounts, an ICICI account listed to Eye Creations, and mutual fund investments, which Garima can now access and administer.
• The court made clear that entitlements linked to Zubeen Garg Music LLP and the joint venture Green Rhinos are not transferred by the succession certificate and must be resolved under the LLP agreement and partnership law.
• Prosecutors say forensic reviews found at least about Rs 32 lakh from Bihu committee payments may not have reached the singer and have traced related transactions to his former manager Siddharth Sharma, with criminal proceedings and many witness examinations ongoing.
• Garima spoke emotionally after receiving the order and said she will continue Zubeen’s work; next steps include resolving LLP and partnership claims through corporate processes and further court testimony in the separate criminal probe.