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 […]
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 […]
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. […]
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 […]
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