NRI Share and IEPF Recovery Services in New York
New York has one of the oldest Indian communities in the United States, and with it a long tail of Indian shareholdings that nobody has touched in decades.
We recover them: IEPF claims, physical certificates converted to demat, and transmission where the shareholder has died. Everything runs remotely from our Gurugram office, and the first assessment is free.
Claims from New York, handled from our Gurugram office · Reviewed 21 September 2026
Long-settled families, older folios
Families who arrived in the New York area in the 1960s and 1970s are now dealing with a second or third generation of estates. The Indian holdings in those estates are typically the oldest kind: paper certificates from before dematerialisation, in the name of a grandparent, often with an address in a city the family no longer visits.
Age works in your favour on value and against you on paperwork. A 1980s holding has usually multiplied through bonus issues and splits, but the folio’s KYC is decades out of date, the signature on record belongs to someone who has died, and the dividends stopped arriving long enough ago that the shares have moved to the IEPF.
Apostilles and the Indian Consulate in New York
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.
The Consulate General of India in New York, at 3 East 64th Street, serves eleven states: Connecticut, Delaware, Maine, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island and Vermont. Because the US is an apostille country you will not usually need the consulate for share documents at all — an apostille from the New York Department of State is enough.
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 York
Where do I get an apostille in New York?
From the New York Department of State, after a New York notary has notarised your signature. County clerk authentication is sometimes required first, depending on where the notary is commissioned.
Do I need to visit the Indian Consulate on East 64th Street?
For share recovery, usually not. Since both countries are party to the Apostille Convention, an apostilled document is accepted in India without consular attestation. The consulate matters for passport, OCI and similar services.
My grandfather’s shares are in a company I cannot trace.
Companies get renamed and merged, and the holding carries across. We trace the current company and its registrar from the old certificate and tell you what the shares became.
Can my sibling in India handle the paperwork instead?
Partly. Each legal heir signs their own affidavit-cum-NOC, so your signature is still needed, but a power of attorney can cover steps that must be done in person in India.
Is there any fee to start?
No. The assessment is free and there is no advance professional fee; we charge an agreed percentage once the shares reach your demat account.