ForumCategory: Unclaimed SharesHow do I claim shares in a company?



How do I claim shares in a company?Shares Recovery India Staff asked 5 months ago

1 Answers



Best Answer

How do I claim shares in a company?Pravin Poloju Staff answered 5 months ago
It is very easy to claim the shares in a company. If the shares are in physical mode and active. Active physical shares meant to be the shares whose dividend issued by the company is regularly deposited in the bank accounts. If the shares dividend is not deposited for 7 years or more, those shares are transferred to IEPF. To claim the physical shares from a company there is a procedure in existence.
1: To claim the physical shares from a company, you have to submit the DRF (Dematerialisation Request Form) form, CMR (Client Master Request) form, PAN card, Aadhaar card along with original share certificate to the broker and claim the shares.
2: If the shares are transferred to IEPF, to claim those shares you have to submit IEPF Form-5 PAN card, Aadhaar card along with original share certificate to the broker and claim the shares.
3: If you do not have physical shares, you have to apply for a duplicate shares certificate and claim the shares using duplicate share certificate. By following the below steps, you can apply for duplicate shares certificate:

  1. a) Lodge a complaint in the nearest police station at your residential address and ask for FIR copy.
  2. b) The FIR should contain the details like Folio number, share certificate number, Distinctive numbers and number of lost shares.
  3. c) This should be submitted to the company along with a Request form, Affidavit worth of 200/-, Indemnity bond worth 200/-, PAN details, Aadhaar

        details.          

  1. d) After verifying the details, the company issues the duplicate share certificate.