NRI Asset Recovery in India from Toronto
The Greater Toronto Area is home to the largest Indian community in Canada, and the Indian holdings behind it range from shares bought last decade to certificates issued in the 1980s.
We recover both: IEPF claims, demat conversion, and transmission where the shareholder has died. Documents are signed and apostilled in Ontario and couriered to us; nobody travels. The first assessment is free.
Claims from Toronto, Ontario, handled from our Gurugram office · Reviewed 21 September 2026
Estates split between Ontario and India
Most Toronto cases we handle involve an estate that straddles two countries: a parent who died in India, heirs who have been Canadian for twenty years, and shares that were never transmitted because nobody knew where to start.
The obstacle is rarely entitlement. It is that every heir has to sign, some live in India and some in Ontario, and the documents must be authenticated differently depending on where each person signs. Sequencing that properly is most of the work.
Ontario notarisation, Ontario apostille
Canada joined the Hague Apostille Convention on 11 January 2024, and that changed the paperwork for Indian claims. Documents signed in Canada are now notarised and apostilled, and the Indian missions have confirmed that an apostille needs no further attestation or legalisation from them.
Apostilles come from Global Affairs Canada, and for documents originating in several provinces — Ontario, British Columbia, Alberta, Quebec and Saskatchewan among them — from that province’s own competent authority. Check which route applies to your document before booking anything.
For documents executed in Ontario, the province’s Official Documents Services issues the apostille after a notary public or commissioner has signed. Ontario falls under the Consulate General of India in Toronto, but with an apostille you will not usually need the consulate for share documents.
What you will need
- Affidavit-cum-NOC and indemnity bond, notarised in Canada and apostilled
- Passport, OCI card if you hold one, and PAN
- Proof of your Canadian address for KYC
- An Indian demat account, usually NRO-linked, opened before the claim goes in
Where the shares land, and moving money out
Shares are credited to an Indian demat account, in most inheritance cases an NRO-linked one. NRIs may remit up to USD 1 million per financial year from NRO balances, with Form 15CA and a chartered accountant’s certificate in Form 15CB.
On the Canadian side, holding Indian securities can bring the T1135 foreign income verification form into play once your foreign property crosses CAD 100,000. That is a question for a cross-border tax adviser, not for us, but it is better raised before a sale than after.
What we handle
Questions from Toronto
Where do I get a document apostilled in Toronto?
Through Ontario’s Official Documents Services, after a notary public or commissioner for taking affidavits has witnessed your signature. Since January 2024 no further Indian consular legalisation is required.
Our family has heirs in Toronto, Delhi and the UK. Can it still be done?
Yes. Each heir signs their own affidavit-cum-NOC and has it authenticated where they live — apostille in Canada and the UK, and simple notarisation in India. The papers then come together for the registrar.
How long does the Indian side take?
For transmission of physical shares, registrars credit the demat account within 30 days of a complete request under SEBI’s 2026 rules. An IEPF claim takes longer, because the company has to verify it first.
Do you need the original share certificates?
For physical holdings, yes — originals are required, and they must be couriered. If they are lost, the registered holder or heirs can apply for duplicates instead.
Is there any cost to find out what we hold?
No. The tracing and valuation assessment is free, and we charge an agreed percentage only after the shares are credited.