Succession

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Succession

The rules of or process by which a person goes about filling a role previously held by another person. In estates, succession determines who owns the property of the decedent, with everything going to the next of kin in the absence of a will. In business, succession is the process by which one employee, especially a major executive like the CEO, is replaced by another person. In determining succession, a board of directors ought to exercise caution to ensure that an executive is not only competent, but also does not bring any conflicts of interest to the company.
References in periodicals archive ?
It is important, then, to understand the place of the presidency in the constitutional system if we are to evaluate the proper focus of presidential succession laws.
It was this modern view of marriage that led the court to blend the legal principles of divorce and separation with those of succession law, and to create the concept that a deceased spouse owed a "legal obligation" to his surviving spouse on death.
Koizumi hoped to submit a bill to the previous session of parliament to revise the succession law in line with the panel's recommendation, but was staunchly opposed by conservative politicians.
But a succession law drafted after the Second World War -- part of legal changes redefining the emperor as a ceremonial leader -- imposed the men-only rule.
But many more lawmakers and analysts seemed dismayed, because they recognize that the debate on revising the imperial succession law has lost further steam.
Prime Minister Junichiro Koizumi said Monday that although he thinks few Japanese would oppose the idea of having a reigning empress, there should be no rush in amending a male-only succession law for the imperial family.
Chief Cabinet Secretary Yasuo Fukuda also said that although he thinks Japan should allow an empress to reign, time should be given to allow for full discussions before making a decision to amend the succession law.
Writing the judgment, Justice Goel said the decision to " consider" the rights of Muslim women came up during discussions with lawyers on gender discrimination at the hearing of a batch of civil appeals on the issue of a daughter's right to equal shares in ancestral property under the Hindu succession law.
The Law Society has written a guide on Sharia succession laws which it claims will enable lawyers to "help clients from all backgrounds".
The attorney called succession laws, which allow people to inherit rent-protected housing from their parents, "particularly insidious" because they can block new development.
Cunich said that succession laws would later need to cater similarly for digital property.
Mr Layton accused Lord Durham - known to friends as Ned - of wrongly "seeking to interfere with a foreign court's process" and applying for declarations in London in an attempt to oust the operation of the Italian succession laws.