Claim unclaimed shares India
Claiming unclaimed shares in India involves recovering shares or dividends that remain unclaimed due to reasons like outdated contact details, unlinked bank accounts, or the death of the shareholder. These unclaimed assets are transferred to the Investor Education and Protection Fund (IEPF) under the Companies Act, 2013, if they remain unclaimed for seven consecutive years. To claim unclaimed shares, follow these steps: Check Unclaimed Shares: Visit the company's website or the IEPF portal to verify if your shares or dividends are unclaimed. Demat Account: Ensure you have an active demat account for the transfer of shares. Application to IEPF: Submit Form IEPF-5 online, providing details like shareholding, company name, and claimant's information. Documentation: Send required documents (e.g., PAN, Aadhaar, share certificate, death certificate, if applicable) to the company or its Registrar and Transfer Agent (RTA). Approval: After verification, the shares and dividends are credited to your account. This process ensures rightful recovery and prevents financial loss. for more details :- https://www.compliancecalendar.in/recovery-of-shares