A Complete Guide To Recovery Of Unclaimed Shares - MUDS Management

1
Recovery of Shares
MUDS Management Pvt. Ltd.
2
MUDS Services
2

• Recovery of share

• Transfer of shares

3

• Recovery of dividends

1
MUDS Management Pvt. Ltd.
3
Recovery of shares includes
Recovery of lost shares
Transfer of physical shares
2
3
4
1
Issue of duplicate shares
Transfer of shares after death of shareholder
5
The claim of dividend from IEPF
The claim of shares from IEPF
6
MUDS Management Pvt. Ltd.
4
Reasons as for unclaimed investment in physical
form
3
4
5
1
2
Forgotten Shares
Torned Shares
Dismantled Shares
Lost Shares
Death of Original Shareholder
MUDS Management Pvt. Ltd.
5
01
Certified copy of death certificate.
02
Request application for the transmission from
legal heir(s) or representatives.
Documents Required
03
Letter of Administration or Succession
Certificate or Probate of Will.
04
Specimen signature of the successor(s).
MUDS Management Pvt. Ltd.
6
What is IEPF?
I
E
P
F
Investor
Education and
Protection
Fund
It is a fund that has been set up by the Ministry
of Corporate Affairs (MCA) and is funded by
unclaimed shares, dividends, deposits,
debentures, et all.
A trust monitors the IEPF and utilizes money
that remains unclaimed for more than 7 years.
MUDS Management Pvt. Ltd.
7
Type of funds that are moved to IEPF

• Unclaimed Shares

• Unclaimed Dividends

• Unrealized Proceeds from matured deposits of
  companies

• Unclaimed Debentures of companies the interest
  accrued on it.

MUDS Management Pvt. Ltd.
8
Can A Shareholder Reclaim Such Unclaimed Shares?

• YES!!!

MUDS Management Pvt. Ltd.
9
Process to secure refund shares from IEPF
3
4
1
2
5
Company to Authority
Authority to Claimant
Completion of Transmission process from Company
Claimant to Authority
Claimant to Company
MUDS Management Pvt. Ltd.
10
Shweta Gupta (Founder CEO, MUDS)
There are lots of formalities to be followed to
recover the unclaimed shares from IEPF, which is
a little demanding for a layman, therefore, it is
better to seek professional help.
MUDS Management Pvt. Ltd.
11
(No Transcript)