UNCLAIMED SHARES TRACING AND REUNIFICATION

It is fairly common that people move to a new address within the same city, a different city within the same country, or a new country altogether. It is fairly uncommon for shareholders to simply forget that they hold shares, yet it happens over a lifetime when a calamity, disease or any other priority hijacks the usual course of life. People move on and simply forget that they had invested in shares. It is quite likely that you must have opened a Bank account somewhere and now have simply no idea that you have some money left behind in that account. Precisely the same way, people forget that they own shares. Over a period of time, a lot happens with those shares and sometimes they multiply.

Then again, it is fairly common for a father or mother to buy shares in the names of his or her children, or a husband to buy shares in the name of his wife or vice-versa. Very often, in fact, more often than not, such children or spouseS have no clue about this investment and when there is a death in the family the investment is forgotten.

And then again, sometimes the shareholder dies without leaving a will or does leave a will but forgets or neglects to mention the shareholdings.

In all of the above situations, people risk having their dividends and shares transferred to the Investor Education and Protection Fund Authority (IEPF Authority), which is a statutory body set up by the Government of India under the provisions of section 125 of the Companies Act, 2013. Section 124(5) of Companies Act, 2013 (erstwhile Section 205A of the Companies Act, 1956) mandates that companies transfer dividend that has been unclaimed for a period of seven years from the unpaid dividend account to the Investor Education and Protection Fund (IEPF). All shares in respect of which dividend has not been paid or claimed for seven consecutive years or more shall be transferred by the company in the name of Investor Education and Protection Fund (IEPF) along with a statement containing such details as may be prescribed.

The Authority is entrusted with the responsibility of administration of the Investor Education Protection Fund (IEPF), make refunds of shares, unclaimed dividends, matured deposits/debentures, etc. to investors, and to promote awareness among investors. Once such a transfer occurs, a claimant has to comply with due process to be able to reclaim the refund in respect of unclaimed dividends, matured deposits, matured debentures, the application money due for refund, and interest thereof.

www.unclaimedshares.com helps owners (or their legal heirs) of such shares and dividends to trace such missing, lost or forgotten shares and reclaim them following due process.

A team of dedicated professionals who have made it their life's mission to reunite owners (or their legal heirs) with their wealth. The team comprises of well-trained, hard-working, committed and dedicated Professionals who have a track record of illustrious service and are all people of unimpeachable reputation, character and integrity.

Post-Pandemic, we work from home. Our team members are based out of Mumbai, Kochi, and Pune in India and we have an overseas Representative each in New York City, NY, USA as well as Dubai, UAE to aid and assist NRI's.

We are a private enterprise. We are not a Government organization. We are not associated with any Government organization.

YES, you can claim your rightful ownership of unclaimed shares and dividends by following the due process and procedures yourself. NO, you do not have to go through us, engage us or use our services if you do not wish to, or if you do not see the value in doing so. We wish you good luck and success.

Yes, we can. This is the reason why our services are rendered and trusted by people. Talk to us.

Please go to the FAQ's section of this website and read it very carefully. Chances are that you will find your questions answered there. If not, talk to us and we will be happy to answer your queries. Chances are also that you may not find us suitable to engage with owing to our terms and conditions or working style or philosophy or any other factor, or we may not find you suitable to engage with owing to your terms and conditions or opinions/mindset, lack of merit in the case, or any other factor.

We work with very few clients and we believe in doing great work, which is backed and supported by the clients' faith and trust. If either of us does not trust the other and repose faith, there is no possibility of working together.

Therefore, please read the FAQ's section well to save time, understand us, have your queries answered BEFORE you proceed with us.