Share Recovery Agent in Bijnor

Transfer your shares back from IEPF

If the dividend on your shares went unclaimed for seven years in a row, the company was required by Section 124(6) of the Companies Act, 2013 to move those shares to the Investor Education and Protection Fund. The unpaid dividends go with them. Nothing is forfeited: the shares still belong to you or your family, and the government holds them until someone claims them.

The claim is made on Form IEPF-5. You can file it yourself on the MCA portal, free of charge. Where claims usually stall is the verification that follows. The company checks your documents against a register that may be decades old, and any gap sends the claim back: a different spelling, an old address, a missing certificate, a shareholder who has passed away.

That verification stage is the work we take on. We match the old records, prepare the heirship papers where needed, and answer the company when it raises a query.

1. 1

   Find what is there

   Done by us

   Search the IEPF records by shareholder name and company to list every holding and unpaid dividend.

2. 2

   Put the paperwork in order

   You and us

   Match names, addresses and signatures to the company’s register. Prepare KYC and banker attestation, and heirship papers if the holder has died.

3. 3

   File Form IEPF-5

   Prepared by us

   Submit the claim in the claimant’s name on the MCA portal and note the SRN acknowledgement.

4. 4

   Send the claim to the company

   Prepared by us

   The signed claim papers go to the company’s Nodal Officer for verification.

5. 5

   Company verifies

   The company

   The company checks the claim against its records and sends its verification report to the IEPF Authority.

6. 6

   Approval and credit

   IEPF Authority

   Once approved, the shares are credited to your demat account and the dividend amount to your bank account.

Worth knowing: The company’s verification and the IEPF Authority’s approval each run on their own schedule, so a claim takes months rather than weeks.

Convert physical shares to demat form in Bijnor

Since 1 April 2019, SEBI rules allow shares of listed companies to be transferred only in demat form. A paper certificate still proves you own the shares, but you cannot sell, gift or pledge them until they are converted.

On paper, conversion is simple. You open a demat account, fill in a Dematerialisation Request Form, and hand the certificates to your depository participant, who sends them to the company’s registrar. It goes wrong when the registrar’s records don’t match you, which is common with certificates bought thirty or forty years ago. Before accepting the request, the registrar checks that:

• the name on the certificate matches your PAN, letter for letter
• your signature matches the specimen the company has on file
• PAN, address, bank details and nomination are registered on the folio (Forms ISR-1, ISR-2 and SH-13)
• the certificate and distinctive numbers are genuine and not reported lost

Worth knowing: Physical shares keep earning dividends and bonus shares. Converting them doesn’t change what you own. It makes it usable.

Share transfer and transmission in Bijnor

“Share transfer” covers two quite different situations, and the paperwork depends on which one you are in.

Lost certificates, name and signature mismatches

Most stuck share cases come down to records that no longer match the person. Each has a set remedy.

Lost, torn or damaged certificate

This is the duplicate share certificate process. It needs a police complaint, an affidavit and indemnity, and for higher values a newspaper notice. Instead of a paper duplicate, the registrar now issues a Letter of Confirmation, which must be converted to demat within 120 days.

Name spelt differently

A request supported by ID and an affidavit confirming that both spellings belong to the same person.

Signature has changed

Form ISR-2, on which your own bank branch confirms your current signature.

Old address on record

A KYC update on Form ISR-1 with current address proof. Registrars need it before they process most other requests.

What to keep ready

You don’t need all of this before calling us. These are the papers that decide how quickly a case moves.

Choosing the best share recovery agent in Bijnor

There is no government register of share recovery agents to check, so judge an agent by how they work. These are the questions we would ask in your place.

• Is the fee in writing?

  You should know the percentage, what it is calculated on, and when it becomes payable before you sign anything.

• Are they asking for a large payment up front?

  Government costs are real, but a big “processing” payment before any work begins is a warning sign.

• Who holds your original certificates?

  Originals should leave your hands only when they are needed, and only against a written receipt.

• Do they tell you what you can do yourself?

  Anyone can file IEPF-5 on the MCA portal free of charge. A good agent says so, and earns their fee on the parts that are genuinely hard.

• Are you being asked to sign blank forms?

  Every form should be filled in before you sign it. Transfer and transmission papers carry legal weight.

Across Bijnor district

Clients reach us from anywhere in the district. The work runs by phone, WhatsApp and courier, so the distance from Gurugram doesn’t change how a case is handled.

Related: Uttar Pradesh · Delhi NCR · IEPF Form 5 claim process · Transmission of shares after death

Questions people in Bijnor ask