Why is it unclaimed?
· Find Lost Shares: Important share certificates are missing due to
a change of address, a fire, or theft.
·
Share Holder's death: The death of the principal holder, with no information
available to inheritors, results in
·
Postal blunders: Important documents are not delivered due to an
insufficient address.
·
Change of Address: Due to a failure to update a change of address,
important documents are not delivered.
·
IEPF
unclaimed shares: Failure to claim dividends results in the transfer of shares to
the IEPF Authority.
Shares transferred
to IEPF Search for shares transferred to IEPF without using folio numbers or
business names. Utilize our comprehensive database of unclaimed shares and
2.
The only location where you may look for physical holdings
Looking for viable options to find
lost shares then reach us at
muds.co.in. Book your consultation and recover your years old iepf
TRANSFER OF SHARES
When transferring shares to an investor's name,
he or she may encounter a variety of issues. MUDS assists investors who are
experiencing the following issues:
·
Discrepancy
of signatures: Companies might prohibit the transfer of shares
owing to a mismatch between the transferor's signature in the transfer document
and the specimen signature accessible in company records.
Non-submission
of the transfer deed: The buyer paid the money but did not submit the
transfer deed to the corporation. As a result, according to corporate
documents, the shares are still registered in the seller's name.
Mutilated
share certificates: Share certificates can be distorted or damaged
due to wear and tear, projecting challenges with recovery of share.
We've always been told to "invest and forget," but we need to change that now: "Invest and forget, but keep the details up to date." There are numerous cases where a person purchases some shares and, due to untimely death or disease, loses track of the investment and forgets to notify their successors. According to The Companies Act, 2016, shares with unclaimed dividends for a period of 7 years are transferred to a government authority known as the IEPF (Investor Education and Protection Fund) Authority. To claim any of these shares, the applicant must file an application with the IEPF Authority together with the relevant papers. MUDS assists in the IEPF Authority's rapid and hassle-free recovery.