Explore IEPF Shares Recovery or IEPF Claim of Shares Services with Nifiny Solutions, Your Trusted Consulting Partner

IEPF (Investor Education and Protection Fund) has been set up for the protection of investors’ interests. It also promotes awareness among investors by providing all information on its website. However, this website does not provide any investment evaluation or advice. Often people fail to claim their shares that have been transferred to IEPF by the company.

If your funds have been lying with IEPF, you need to track and quickly claim your dues. Crores of unclaimed money in the form of old equity shares, debentures, dividends, and more have been piling up with the IEPF.

Why do unclaimed shares or dividends arise?

The government has been planning to take over those shares lying with IEPF in which corporate benefits and dividends were unclaimed for the past seven years. There are various reasons for unclaimed shares or dividends –

You may have lost track of the amounts invested in the company.
A financial institution or company has failed to contact you or locate you for the payment of your dividend. Bank and contact details change frequently and often companies fail to stay updated about the same.
Often legal heirs and nominees fail to claim shares and dividends as they are unaware of these assets.
Torn, lost, dismantled, or forgotten shares.

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Tips to Recover Your Unclaimed Investments

Work with a sound financial and legal advisor to claim your shares or dividends without any hassle. Infiny Solutions has been working with several clients across the globe to recover their unclaimed investments including –

Recovery of old or lost shares
Issue of duplicate shares
The claim of shares or dividends from IEPF

IEPF Shares Recovery or IEPF Claim of Shares Services

IEPF shares recovery services assist investors in reclaiming unclaimed shares and dividends efficiently.

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How can a financial firm assist you with unclaimed dividends?

The government has been trying constantly to ensure security and easy claims of unclaimed shares, dividends, deposits, bonuses, debentures, etc. However, people are still facing issues with recovering such unclaimed investments. Infiny Solutions have a team of Certified legal and financial experts who will help you with such claims.

Below are some of the issues that you may face while recovering unclaimed dividends from IEPF

Expired Records

Unclaimed dividends are usually a result of wrong or outdated details of investors or shareholders. Mismatches of bank and personal details like name, date of birth, age, address, father’s name, and husband’s name can lead to unclaimed dividends. The legal and financial team of Infiny Solutions will ensure a smooth recovery in such cases.

No or Improper Execution of Transmission or Transfer

Often the buyer’s shares remain registered in the seller’s name due to no or improper execution of the share transfer.

Similarly, in the case of transmission of shares, if a nominee or legal successor fails to accomplish the transmission of shares in his name after the investor’s death, unclaimed dividends may arise. Infiny Solutions is a one-stop-shop solution for all such unclaimed investments.

Latest update regarding recovery of shares in India

For share recovery from IEPF, you need to fill Form IEPF-5. With this form, you need to attach relevant documents and submit them with the company’s nodal officer. On verification, the claim will be processed by the IEPF authority. Upon successful processing, the shares will be credited to your account.

For more information on recovery of shares From IEPF, call us at (+91) 9027900537/ 9837525800 or email us at info@infinysolutions.com.

FAQs IEPF Shares Recovery

What Exactly Is the IEPF, and How Does It Relate to Share Recovery?

The IEPF, or Investor Education and Protection Fund, is a fund set up by the Indian government to safeguard the rights of investors and promote investor education. It comes into play when shares or dividends go unclaimed for a certain duration. Recovering shares from IEPF involves reclaiming these unclaimed shares.

How Do Shares End up With the IEPF?

Shares can end up with the IEPF when their rightful owners fail to IEPF Claim dividends or other entitlements (like bonus shares) within a specified timeframe. This situation arises either due to the company’s inability to contact shareholders or the shareholders not claiming their rightful ownership.

How Can I Initiate the Process of Recovering Shares From the IEPF?

To start the recovery process, you need to submit an online application through the IEPF portal. This application will undergo verification, and if it meets the necessary criteria, the shares will be returned to you.

What Documents Are Necessary For The Share Recovery Process?

While specific requirements may vary, generally, you’ll need:

Proof of your ownership, such as old share certificates
Valid identification and address proofs
Any additional documents specified by the IEPF authorities

Can I Recover Shares That Once Belonged To A Deceased Relative?

Yes, it’s possible to recover shares that belonged to a deceased person. Legal heirs or representatives can initiate the process, but they need to provide appropriate legal documents like a will, succession certificate, or letter of administration along with the application.

How Long Does It Take To Recover Shares From the IEPF?

The recovery process’s duration can vary. Generally, it takes a few months for IEPF authorities to verify the application and submitted documents. The timeline might depend on the complexity of the case and the workload of the authorities.

Is There A Time Limit For Reclaiming Shares From the IEPF?

Yes, there is a time limit. Shares are transferred to the IEPF after a period of inactivity. To reclaim them, you must file your application within a specified time frame, usually five years from the date the shares were transferred to the IEPF.

Can I Check If I Have Unclaimed Shares in the IEPF?

Yes, you can check for unclaimed shares by using the IEPF website’s online search feature. You’ll need to provide your Permanent Account Number (PAN) or Folio Number to conduct the search.

Is There A Fee Associated With Recovering Shares From the IEPF?

Yes, a fee is involved in the IEPF recovery process. The fee structure can change, so it’s advised to check the latest information on the IEPF website for accurate fee details.

What Happens If I Miss The Deadline To Claim Shares From the IEPF?

If you miss the deadline to claim shares from the IEPF, the shares will remain with the fund, and you might lose the opportunity to recover them. It’s crucial to be aware of the timelines and initiate the recovery process on time.

Can I Also Claim Dividends That Were Transferred to the IEPF?

Yes, you can claim unclaimed dividends that were transferred to the IEPF. The procedure for claiming unclaimed dividends is similar to that of claiming shares.

Please remember that these responses are general in nature, and procedures might have changed since my last update. Always refer to the official IEPF website and consult professionals for accurate and current information about recovery of shares from IEPF.

How To Claim Shares From IEPF?

To claim shares from IEPF, first, go to the website of IEPF, download the form of IEPF 5, and fill it up. After that, all the required documents should be attached and it needs to be submitted. Now, in addition to the documents, the physical copy should be sent to the Nodal officer of the concerned company. To fill it up, the company will verify the claim and process it accordingly. If everything remains fair, the shares will be credited to your demat account.

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