Probate

Probate

Blog Article

After transferring the shares to IEPF, the physical shares that are lying with general public which are not transferred to IEPF is over Rs.1,00,000 crores. Please bear in mind a share gets transferred to IEPF only if dividend remains unclaimed for seven years.

So, there are lot of unclaimed shares as on today. After all the steps taken by the government, government manage to reduce the problem only Rs.1,000 crores. So, we can say a little over 0.60% of the problem was solved!

From September 2018 to September 2019, Rs.24,000 crores worth of shares was transferred to IEPF and the physical shares have reduced by only Rs.25,000 crores during the same period.

In our reasonable estimate the total monetary value of the problem is Rs.1,50,000 crores based on our today’s economy and today’s market prices.

It is this problem we seek to tackle by providing end to end services to the clients. It is sufficient if you know your father had shares. Approach us. We will do end to end work by taking all services required and get you the shares. This procedure is very complex, and it often involves giving police complaint in case all duplicate shares, getting legal heir certificate from the municipalities, getting succession certificate or probating bill if there is one. We provide full end to end services and we are more than happy to be of assistance. We are just a call or click away.