Recover past investments

Help you recover the amounts locked in old share certificates or unclaimed dividends or matured UTI Bonds or LIC Policies

Common concerns
  • Issue of duplicate certificates.
  • Transfer of investments when original holders have expired
  • Recovery of dividends & shares transferred to IEPF
  • Revalidation of expired dividend / interest cheques 
How we resolve

We can assist in completing the formalities for issue of duplicate certificates. Normally, it involves signing an Affidavit & Indemnity Bond as per format of the concerned Registrar. KYC documents and sometimes an FIR may also be required.

The transfer of shares / bonds to a surviving member of the family is called “Transmission’. The procedure can be completed by providing Death Certificate, Legal Heir Certificate or Will or Succession Certificate (depending on the market value of the shares). NOC from surviving heirs other than the claimant may also be required.

If a dividend amount remains unclaimed for 7 consecutive years, the dividend and the ownership of the shares – both get transferred to IEPF. The procedure to reclaim the dividends and the underlying shares is a standard procedure. You can see my video to understand the procedure in detail.

You will first need to send a copy of the un-encashed cheque to the concerned Registrar to get the details of the underlying investment and its present value. Then you may need to follow the procedure for issue of duplicate certificates and issue of un-encashed dividend / interest amount

Testimonials

What our clients say

After my wife’s demise, we lost the original documents of the securities held by her during transfer of residence. Tracing and claiming them involved complex procedures because they were made in the 80s and 90s, were devoid of nomination and some of them were in her maiden name. Lost in the maze of these tortuous procedures, I sought the services of Deepam Marketing Enterprises (P) Ltd who patiently and efficiently traced, initiated processes to reclaim, followed up and resolved all my problems. They also helped me reinvest the proceeds in securities appropriate to my age and risk profile. I am highly impressed by their professional approach to solving financial problems and appreciative of the friendly and helping nature of their staff. I continue to seek their advice in all financial matters. I would further like to place on record my gratitude to Ms. Monika Mallik whose analytical approach and friendly and patient attitude played pivotal in resolving my problems.
DCS Reddy
Retired Professor, Banaras Hindu University
My experience with Deepam Finvest can be described as one of 'customer delight'. Their approach to any task - whether it is unearthing the status of my long-lost government securities, or advising me on an overall investment strategy - has been systematic, knowledge-led and customised to my needs. Sandeep's hands-on working style and amiable manner, and his team's attention to detail, is the hallmark of their approach. Their reporting has been precise and prompt, interactions have been client-friendly, and outcomes excellent. I would gladly use their services again, and would recommend them to my friends as well.
RAJEEV KANT SHUKLA
Managing Partner, Resonance Consulting, New Delhi

How do we get started

The process broadly involves the following steps (some additional steps may be needed depending on the unique nature of certain cases):

    1. Contacting the Registrar to get details of the no. of shares / bonds in the folio and details of any unpaid amounts, if any
    2. Getting the detailed procedure from the Registrar
    3. Submitting the required documents to the Registrar along with a covering letter
    4. For recovery from IEPF – Submitting the application online on IEPF portal before sending all documents to the Registrar
    5. We encourage you to attempt to Do-It-Yourself. However, if you need our services, the charges vary from Rs. 5,000 to Rs. 10,000 for each procedure per folio.
    6. The service charges are payable through undated cheques only. Cheques are deposited in the bank only after successful completion of the work.
    7. Issue of duplicate & transmission of securities normally take 2-3 months and recovery from IEPF can take upto 10-11 months.

What not to expect

  • We cannot reduce the processing time taken by the Registrar / IEPF
  • NRI / Overseas investors have to allow for increased documentation & processing time
  • We cannot ask the Registrars to reduce the formalities required to process a request

FAQs

In most of the cases, the investor/claimant has to only visit their bank to get the signatures attested. All other documents are normally available with you or will be prepared by us for your signatures.

In some cases, the investor has to apply for Name Correction to be published in an official Gazette. Or, get a Succession Certificate / Legal Heir Certificate issued. The claimant / investor has to arrange these on his own.

If the Registrar receives all the required documents, the request is always processed. In some circumstances, the Registrar may need some additional documents.  We deposit the Service Charges only after successful processing of the request. You bear only the cost of stamp papers & notarisation for Affidavits & Indemnity bonds till the request is processed.

Not really. The Registrar starts to process the request only after complete documents have been submitted.

 You can call the IEPF Toll Free No. 1800-11-4667 to check the status of your application based on the SRN that was generated after you had uploaded the application.

Talk to Sandeep

Address

1022-B, 10th Floor, Hemkunt Chambers, Opposite Modi Tower, 89 Nehru Place, New Delhi - 110019

Email

sandeep@deepamfinvest.com

Phone

011-41101371

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