Dear Mr Mukherjee,
You have misunderstood me or I could not put it correctly.
Actual owner is not alive and expired long ago. Her two legal heirs , a son and a daughter, are American citizens. Both are living there for many years. 5 years ago they applied to a district court in West Bengal for succession certificate for respective parts of movable property left behind their deceased mother. Movable property in question is a portfolio of stocks in a DEMAT a/c in a bank.
Hopefully succession certificates will be issued soon.
My question is whether market value of the stocks will fluctuate in the usual manner with the rise/fall of share market or will remain frozen at the value of the day of death of the original owner since there has been no trading since her death.