Concept:
Hindu Law is governed by two main schools: Mitakshara and Dayabhaga. The Mitakshara school prevails in most parts of India except West Bengal and Assam.
• Coparcenary: A narrower body of persons within a joint family who acquire an interest in the joint property by birth.
• Survivorship: A process where the interest of a deceased member passes to the remaining members.
Step 1: Defining the Mitakshara Rule of Property.
In Mitakshara law, a son acquires an interest in ancestral property the moment he is
born.
This interest is fluctuating; it increases with deaths and decreases with births in the family.
Unlike "Succession" (where property passes to heirs after death), "Survivorship" means the property remains within the existing pool of coparceners.
Step 2: Determining the method of devolution.
Historically, Mitakshara joint family property devolves by
Survivorship.
The Dayabhaga school, conversely, follows the rule of
Succession.
(Note: While the 2005 Amendment to the Hindu Succession Act has introduced changes allowing daughters to inherit, the fundamental conceptual answer for the Mitakshara school in legal theory exams remains Survivorship).