Services Details

Recover Lost Share/ IEPF Claim/ Physical Share Demateralization

Vedaant Consultancy dealing with issues related to shares, possibly involving the Investor Education and Protection Fund (IEPF) or dematerialization (conversion of physical shares into electronic/demat form).

Here’s a breakdown of what each of these typically involves:

Recover Lost Shares:

    If you've lost physical share certificates, you'll need to follow a process to get them reissued. This typically involves:

    • Stamp Duty Payment: E-stamping is used for payment of stamp duty, which is a legal requirement on various documents such as property transactions (sale deed, lease agreement), loan agreements, powers of attorney, and other legal instruments.
    • Legality and Validity: E-stamps serve as valid proof of payment of stamp duty and are legally recognized by courts and government authorities.

IEPF Claim:

  • If shares remain unclaimed for a certain period, they are transferred to the Investor Education and Protection Fund (IEPF) under the Companies Act.
  • You can claim these shares from IEPF by filing Form IEPF-5 online with the required documents, such as proof of ownership, identity, and bank account details.

Convert Share into Demat (Dematerialization):

  • To convert physical shares into demat form, you need to have a demat account with a Depository Participant (DP).
  • Submit the physical share certificates along with a demat request form to your DP.
  • Upon verification, the shares will be credited to your demat account.

For each of these processes, it's crucial to follow the specific guidelines and requirements laid out by the respective authorities (company registrar, IEPF, or your DP). If you need further assistance, consider consulting a professional like a financial advisor or a stockbroker who can guide you through the procedures effectively.

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