Whether you wish to claim the dividend or recover the shares transferred to IEPF Authority or find your lost shares or transmit the shares/dividend of your deceased family member in your name, then The Wealth Finder is the perfect solution. At The Wealth Finder, you will receive complete assistance with all of your inquiries and issues regarding physical share certificates, share transfers/transmission, IEPF share transfer, lost physical share certificate etc.
Search your unclaimed / lost / forgotten investment & shares transferred to IEPF
Many Investors forget about their investments, if you feel you or your family & friends might be the one then just search & track your investment with help of The Wealth Finder.
Recovery of Unclaimed Shares & Dividends from IEPF
Recovering the Unclaimed Shares and Dividends for investors is our expertise. Innumerable investors who have invested in physical shares during the era of physical shares, either have lost the track of it or due to their sudden demise their family is unaware of such investments. Most of such shares and dividends are transferred to Investor Education Protection Fund (IEPF).
Search & Tracing of Lost Shares
Thousand crores worth of shares are lying unclaimed with Investor Education Protection Fund, waiting for the shareholders to claim. These shares belong to lakhs of those investors who has invested in shares in the era of physical shares. Most of these shareholders have lost the track of these shares or due to their sudden demise the family doesn’t have any information about these shares.
Investor Education and Protection Fund (IEPF) has been established under Section 205C of the Companies Act, 1956 by way Companies (Amendment) Act, 1999 for promotion of investors’ awareness and protection of the interests of investors. After the introduction of the Companies Act, 2013, IEPF Authority was set up under Section 125(5) to administer the IEPF Fund.
Demat of Physical Shares
With effect from 1st April 2019, transfer of physical shares has been stopped by Security Exchange Board of India (SEBI). Any shareholders, who wish to sell or purchase any shares they must have a DEMAT account and all the shares should be in Dematerialized form.
In order to claim the recovery of unclaimed shares and dividends or long forgotten shares, a shareholder or the legal heirs of a deceased shareholder might face many difficulties as not everyone is well aware with the legal procedures in India. You might need legal assistance in various stages for example, Assistance related with the process of filing an FIR for the process of duplicate issue of shares, Indemnity Bonds, Surety, Notarization of documents to retrieve your shares.
The Wealth Finder assists NRIs to track & recovery their unclaimed shares & dividends, mutual funds, shares/bond/debentures transferred to IEPF. Our services also include assistance with obtaining PAN card, opening of NRE/NRO Bank account & DEMAT accounts, and assistance with the apostille of documents to complete the process of recovering back of shares. In cases of transmission a claimant may also need some other services as listed below.
TWF Advisory Services LLP
D-38, 1st floor South Ex., Part-I, New Delhi-110049