A duplicate share certificate is a vital document for the shareholder. The certificate serves as evidence and a statement of the shareholder’s investments in the stocks. It is because of these certificates a shareholder can manage to gain the dividend. They serve as official paperwork for the shareholder to assert share ownership and exercise rights. […]
According to reports, around 70% of Demat accounts in India do not have a nominee. Surprisingly, many shareholders in India have not claimed their dividends from the company they have invested in. If you are one of them and have not collected your share, then chances are your dividends will be moved to the Investment […]
In India corporate transactions partly depend on share transfer, as within the regulatory parameters, it enables shareholders to change the ownership of stocks. No matter what the reason is, be it inheritance, market activities, or corporate restructuring, to ensure the security of both parties, following the precise legal procedures is vital. As per Indian regulations, […]
What’s yours is yours. Sometimes though, you have to make efforts to get it. Such is the case with your unclaimed dividends. If your family members or an organisation invested in the stock market, then you can claim those investments. However, it must be done through the platform of the Investor Education Protection Fund (IEPF). […]
Have your parents or grandparents had the habit of investing money in stock markets? Then there is a possibility of having dividends which were never claimed. They aren’t alone, there are several investors, who remain unaware of the fact that a prime portion of their investment could go unclaimed. As investment plays a huge role […]
Duplicate share certificates have been issued if a shareholder lost the physical certificate. They go through many processes before applying for a duplicate certificate. The issues associated with the process are enormous. It also requires a lot of paperwork. However, there are also solutions. This is one of the reasons why people choose dematerialisation over […]
Dematerialisation is an innovative process to transfer your share. It mitigates the paperwork and transfers your shares in an electronic form. However, it’s not an easy process; you have to go through a certain procedure. In addition, you’ve got to follow a few guidelines. Dematerialisation is beneficial when it comes to transfers and settlements. It […]
After investing money in shares, many people forget to reclaim it. As a result, the money remained unclaimed for several years. This is a serious problem which is too tough to handle. Intending to address this issue, the Government of India has established the Investor Education and Protection Fund(IEPF), which carries out the responsibility of […]
There’s a crucial aspect of owning shares in a company that often goes overlooked – the transfer and transmission of shares. Understanding the process of transmission of shares is vital, especially in cases of inheritance, sale, or transferability of shares between parties. Properly executing the steps for share transmission ensures a smooth and legally compliant […]
In finance, one often overlooked avenue for potential growth lies in unclaimed shares. These unclaimed shares, which are often forgotten or neglected, can actually hold the key to unlocking your financial success. Whether through IEPF Recovery, IEPF Claim, or simply researching unclaimed shares through IEPF shares search, the possibilities for reclaiming what is rightfully yours […]
Assets held under the Investor Education and Protection Fund (IEPF) often go unclaimed, leading to a potential loss of valuable resources for rightful owners. Making IEPF claims can be a daunting task, but understanding the process can help individuals navigate the system effectively. Whether you are looking to retrieve your IEPF shares, explore IEPF share […]
When both joint holders of shares have passed away, determining the rightful claimant can be a complex legal process. In such cases, the legal heirs of the deceased joint holders may become the potential claimants for the shares. However, the hierarchy of legal heirs and their rights to claim ownership of the shares can vary […]
This guide aims to provide a comprehensive understanding of why a succession certificate is necessary to claim shares in India. In this article, we will investigate into the process involved in obtaining a succession certificate, the documents required, and the time it could take to complete the entire procedure. Understanding the importance and intricacies of […]
Investing your hard-earned money can be an important step towards securing your financial future. However, it is equally important to ensure that your investments are well-protected and managed. One way to do this is by appointing a nominee for your investment accounts. In this blog, we will explore the importance of a nominee in investments. […]
Step-by-Step Guide on the Recovery of Shares: 1. Contact the Registrar and Transfer Agent (RTA) of the company where you hold shares. Provide them with the necessary details such as your name, address, and demat account number. 2. In case of lost shares, file a police complaint and obtain a copy of the FIR. 3. […]
Understanding Demat accounts is as easy as saving accounts. In banks, as we have a savings account that protects our funds from any kind of theft or mishandling, A Demat Account (or Dematerialised account) is the name for investors. It’s known as a ‘prerequisite for stock investment’. A Demat Account serves the purpose of holding […]
With the rise of online trading and mobile technology, it’s easier than ever to set up an investment account online. If you have bought mutual funds or stocks in India, chances are that your investment has grown faster than you have had the time to claim your dividends and share certificates. You’re not alone – […]
IEPF, which stands for Investor Education and Protection Fund, is mainly set up to protect the interests of investors. It also spreads awareness among investors about it by mentioning all the details on its website. Many times, people mistakenly fail to claim their shares which were transferred to IEPF by the Company, resulting in lost […]
In 1996 dematerialization was introduced in the Indian financial market and the Securities and Exchange Board of India (SEBI) mandated the companies to only share the dematerialized form to mitigate the risks associated with share trading in physical share certificates. India adopted the dematerialization System successfully. Ever since the introduction of dematerialization, the possession of […]
Stakeholders, including executives and sometimes employees, can own shares in a company. Sometimes, they receive shares as part of a reward program, while they purchase them other times. Shares hold more value than anything else since it gives a sense of ownership. Let’s say a company purchases 100 shares from the market. It has six […]
In India, KYC has been in existence since 2002 and became mandatory in 2004 by the RBI. Still, people have very little knowledge about it and there is a lot of confusion about its need, updates, documentation requirements, purpose, and many others. That’s why, in this article, all these confusions are cleared by answering everything […]
Many a time it is observed that several shares in any company remain unclaimed or unpaid for a long period. The reasons could vary, however. Sometimes people are not aware of the shareholding, or they could have forgotten the shares, or even the shareholders have expired. Sometime before, the shareholding person has no clue about […]
Protect yourself from the financial crisis with IEPF IEPF is a unique fund that was created to help protect investors and offer them education. It has many advantages, which is why it’s such an important resource for those looking to invest. Some of the key benefits include its ability to provide financial assistance during times […]
India is experiencing a surge in initial public offerings (IPOs). In 2021, the Indian market saw year-on-year growth of 156 percent in IPO activity, as per an Ernst & Young report. This trend has carried into 2022 with the recent LIC IPO seeing record applications. The IPO boom is happening at the same time as […]
India is currently going through an IPO boom. According to the latest Ernst & Young (EY) Global IPO report, the year 2021 was India’s strongest IPO year in terms of proceeds in the recent 20 years. As per the report, IPO activity in India climbed 156 percent year over year to 110 deals in 2021 […]
If you are a non-resident Indian, the Indian share market may not be of particular interest to you. However, it might pay to keep track of happenings in the market. Understanding the Indian financial market landscape In 2016, the government of India created the Investor Education and Protection Fund (IEPF) to educate investors and safeguard […]
From Harshad Mehta to Ketan Parekh and so many more in between, there have been a number of well-documented stock and share market scams over the years. Such frauds could utilize any or a combination of methods from below: Shell companies: Such entities use the names of established brands such as Apple or Reliance. They […]
Securities and Exchange Board of India (SEBI) is responsible for overseeing the regulation of all participants in the Indian capital market. It tries to safeguard investors’ interests and grow capital markets by implementing a variety of laws and regulations. In the wake of increasing frauds related to the share market, SEBI has been trying to […]
As of February 2022, shares of Nestle India are floating in the market at a price of more than Rs 18,000 per share and the shares of HUL are floating at over Rs 2,000 per share. You may not be much of a trader, but what if you got to know that you actually happen […]
Whenever we begin our investment journey, all we are concerned about, is completing the paperwork, getting the account opened, and raking in the big bucks. Seldom does our eye go to the little column that asks us to put a nominee for our investments. While investing, having to put down a nominee may seem unimportant […]
The era of the 1980’s was a BOOM BANG in the Indian Share market where one after another an IPO was knocking the door of investors. The time was seen as no less than OPPORTUNISTIC!! Retail investors, brokers, sub brokers & bookies -everyone saw a golden chance and invested in the share market wholeheartedly. Through […]
