Who Can Help Recover Unclaimed Shares In India?

One fine day you learned that your parents or grandparents had purchased actual shares in blue chip firms, and that their value had skyrocketed. However, you have no idea how to get those shares back.Because there are so many shares with the government's Investor Education and Protection Fund (IEPF) that have not been claimed by the shareholders or their legal heirs/nominees/successors, many people invest in shares but forget to claim them or their legal heirs may not be aware of the shares or the claiming process. Therefore, you may use this blog to help you recover unclaimed shares in India. If you need any assistance with share recovery, Legalraasta is here to provide full guidance and speed up the process.

Who all qualifies for share recovery from the IEPF Authority?

Any shareholder with shares that have been transferred to the IEPF that are unclaimed may request a return of those shares by submitting an application to the IEPF Authority, although a claimant may only submit one consolidated claim for a firm per fiscal year. The data from the multiple Folios from the same company for share recovery is included in the claim. Legalraasta is here to assist you reclaim your shares as quickly as possible if you are the claimant, who is defined as the legal heir, nominee, or successor of the registered shareholder seeking unclaimed shares in India from IEPF.The claimant ensures that the share transmission process has been completed before filing the IEPF claim to the appropriate authorities for the recovery of shares.

Process of recovery of shares

  • Step 1:The first step in the process to recovery of shares is for the claimant to submit a request to the authority.
  • Step 2: Presenting the Company with the Claim for recovery of shares.
  • Step 3: The Company must submit a claim to the IEPF Authority.
  • Step 4: Get Refund from IEPF Authority.

Who can assist in reclaiming unclaimed shares in India?

The Legalraasta team is available to recover unclaimed shares in India and will also provide you with full help for share recovery.Our team of professionals has experience retrieving unclaimed shares, lost shares, disassembled shares, and unclaimed shares. We can help you recover the hard-earned money that you or your family have worked so hard to accumulate. Get in contact with us for share recovery if you've forgotten about investments you or your ancestors made in the past. Your long-lost share claims will be located, and your dreams will come true. With the assistance of Legalraasta, we will follow all procedures and finish all paperwork that has been formally approved by investors in order to submit an IEPF claim. Our area of expertise is the recovery of shares to claims for transferred shares, and dividends. Our team is skilled at offering a variety of services, including the physical transfer of shares, recovery of lost shares, issuance of duplicate shares, claim of unclaimed shares from IEPF, claim of dividend from IEPF, and maintaining regular status with the registrar and transfer agent for the transfer of shares.

Read Also This - How do I retrieve lost shares

Conclusion

We hope you enjoy our blog and learn more about how Legalraasta can help you recover shares and will speed up the process.

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