Claiming IEPF Shares and Indian Holdings from New Jersey
Edison, Iselin, Jersey City and the townships along the Route 1 corridor hold one of the densest Indian populations anywhere outside India — and a correspondingly large number of unclaimed Indian shareholdings.
We handle IEPF claims, demat conversion and transmission for families across New Jersey, working remotely from Gurugram. The first assessment is free.
Claims from New Jersey (Edison, Jersey City), handled from our Gurugram office · Reviewed 21 September 2026
A community with recent ties, and live Indian paperwork
New Jersey’s Indian community is both long-established and continually renewed, which produces a particular mix. Some families are settling estates for parents who never left India. Others are still first-generation, holding shares they bought themselves before moving, with a folio that carries their old Mumbai or Ahmedabad address.
The second group often finds the problem is simply KYC: PAN not recorded, address stale, signature changed. That is a correction, not a claim — cheaper and faster, provided the seven-year clock has not already sent the shares to the IEPF.
Notarisation in New Jersey, apostille in Trenton
The United States has been party to the 1961 Hague Apostille Convention since 1981, and India joined in 2005. That makes authentication straightforward: a document you sign in the US is notarised locally and then apostilled, and no Indian consulate attestation is needed on top.
Apostilles on notarised documents are issued by the Secretary of State of the state where the notarisation took place, so a New Jersey notarisation is apostilled in Trenton and a California one in Sacramento. Federal documents go to the US Department of State. Send the original apostilled document to India; registrars want originals, not scans.
For New Jersey, that means a New Jersey notary and then an apostille from the New Jersey Department of the Treasury’s Division of Revenue in Trenton. New Jersey falls under the Consulate General of India in New York, though for apostilled share documents you will not normally need the consulate.
What you will need
- Affidavit-cum-NOC and indemnity bond, signed before a US notary and apostilled by that state
- Passport, OCI card if you hold one, and PAN — the name should read the same on all three
- Proof of your US address for KYC
- A demat account in India, usually linked to an NRO account, opened before the claim is filed
Where the shares land, and moving money out
Recovered shares are credited to an Indian demat account. Shares inherited or bought while you were resident in India are generally held on a non-repatriable basis, which in practice means an NRO-linked account; your bank will confirm what applies to you.
From NRO balances, NRIs can remit up to USD 1 million per financial year, with Form 15CA and a chartered accountant’s certificate in Form 15CB. Separately, US persons have their own reporting to think about — FBAR on foreign financial accounts and Form 8938 thresholds — so speak to a cross-border tax adviser before you sell anything.
What we handle
Questions from New Jersey
I live in Edison and my parents’ shares are still in India. Where do I start?
With identification, not paperwork. Tell us the company names and folio numbers if you have certificates, or the shareholder’s name if you do not. We check the registrar and IEPF records and tell you what exists before you spend anything.
My own Indian shares stopped paying dividends after I moved.
That is usually a stale address and incomplete KYC on the folio. Form ISR-1 updates PAN, address and bank details and releases unpaid dividends — unless the shares have already gone to the IEPF, in which case it is a Form IEPF-5 claim.
Do all the heirs have to sign, even those in India?
Yes. Every legal heir other than the claimant gives an affidavit-cum-NOC. Heirs in India notarise locally; heirs in New Jersey notarise and apostille.
Can you work with our family’s CA in India?
Yes, and it usually helps. We handle the registrar and IEPF process; your CA handles Indian tax, including the 15CA and 15CB certificates if you later repatriate proceeds.
What does this cost?
No advance professional fee and no charge for the assessment. An agreed percentage is charged after the shares are credited, with statutory costs paid by you at actuals.