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                                <h1 class="title">Share Certificate Consultation </h1>
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                                <span>Share Certificate Consultation </span> 
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                                    <h3 class="singel_product_title"><span style="color:red;">Share</span> Certificate Consultation </h3>
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                                        <p class="text-justify"> <h4>Tracing of investments in shares </h4> We assist the shareholders to find investments in shares lying unnoticed/untraced in their or their family members’ name. The shareholder/heirs might be unaware of such investments owing to certain reasons including change of communication address along with non-possession of the share certificates/other communications implying shareholding, etc.; We at Chawla Sons, have designed and developed in-house customized intelligent system to attempt and search the investments in shares across majority of the population of listed and unlisted companies.</p>

                                <p class="text-justify"><h4>Claiming of the shares and dividends from IEPF Authority </h4> We assist investors/claimants to seek refund of the shares and/or the dividend amounts from the Investor Education and Protection Fund (IEPF). IEPF is meant for promotion of Investors’ awareness and protection of the interests of investors in India. Any money transferred to the Unpaid Dividend Account of a company in pursuance to section 124(5)  </p>
                                   
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                                which remains unpaid or unclaimed for a period of seven years (or 7 year and 37 days from the date of declaration of dividend) shall be transferred by the company, along with interest accrued if any thereon, to the IEPF. Further, Ministry of Corporate Affairs vide its notification dated October 13, 2017 mandated that ‘All the shares in respect of which dividend has not been paid or claimed for seven consecutive years or more shall be transferred by the company in the name of Investor Education and Protection Fund’ as on the due date October 31, 2017.
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                            <h4> Seeking duplicate or renewed share certificates</h4>
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                                A duplicate share certificate (now referred to as Letter of Confirmation) shall be issued by the company upon compliance with the procedure as may be laid down by the company’s Share Registrar and Share Transfer Agent (‘RTA’), we shall assist our clients to comply with various requirements including filing of a missing complaint with concerned police authorities having jurisdiction. One then has to comply with the procedure including executing the requisite forms, after which the advertisement pertaining to the loss in the prominent newspapers shall follow, giving time to anyone else to stake a claim. If no such claim is forthcoming, then upon through verification, once the issuer is satisfied that everything is in order, the share certificates shall be issued by the company under its seal. A share certificate that is defaced, mutilated or torn can be processed by the company and a duplicate share certificate be issued in respect of the same number of shares. The shareholder in such a case must submit the old certificate which is damaged along with such other documents as may be required by the company.
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                            <h4> Seeking transmission of shares </h4>
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                            The Companies Act distinguishes transmission of shares from transfer of shares. While transfer of shares relates to a voluntary act of the shareholder, transmission is brought about by ‘operation of law’. The word 'transmission' means devolution of title to shares otherwise than by transfer, for example, devolution by death, inheritance, insolvency, lunacy, etc., while transfer of shares is given effect to by delivery of a proper instrument of transfer (viz. transfer deed) duly stamped and executed, transmission of shares is done differently. On registration of the transmission of shares with or without production of probation of WILL, Succession Certificate or Letters of Administrations, the person entitled to transmission of shares becomes the shareholder of the company and is entitled to all rights and is subject to all the liabilities as the deceased shareholder. In case where the shares are held in dematerialised form, the legal heir(s) of the deceased must request the Depository Participant (DP) to transmit the balances of securities lying in the deceased shareholder’s account to the account of the legal heir(s) and shall comply with the requisite procedure. Further, in case where the shares are held jointly and/or in case where a nominee has been registered, the right of entitlement for transmitting the shares shall be evaluated thoroughly by referring to the applicable provisions of the Companies Act 2013 read together with the Articles of Association of the company and the applicable succession law of the country, etc.
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                            <h4> Transfer of shares </h4>
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                        It is basically a process where the title in the shares is transferred from one person to another. We could assist people to claim title in the shares by attempting to give effect to the transfer deeds that were executed prior to December 01 2015 but were rejected to be registered and/or are still available with the transferees as these were deficient and could not be registered under normal circumstances (also referred to as Bad deliveries) owing to maybe expiration of transfer deeds, non- availability of copy of Pan Card of the transferor, signature mis-match, etc.
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                            <h4> Correction/Updation of name, address, signature, etc. </h4>
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                           <p><b> A)</b> Change in Name and/or Address - We assist shareholders to give effect to modification in shareholder’s name due to difference in spelling, change of name owing to marriage, etc. we also enable shareholders to change their registered address in company’s records. </p>
                            <p><b>B)</b> Updation of signature - This situation generally occurs due to change in style of signature over many years. Therefore, to perform any action concerning the share certificates, the present signature is required to be updated in company’s records. </p>
                           <p> <b>C)</b> Seeking of the new share certificates - Claiming of new certificates that came into existence owing to various corporate actions including bonuses, splits, mergers/de-mergers/acquisition, change of name of the company, etc.</p>

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                            <h4> Assistance to seek Probation of Will/ Succession Certificate or Letters of Administration </h4>
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                            Probate is the judicial process whereby a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased. Succession Certificate is a certificate granted by the Courts in India to the legal heirs of a person dying intestate leaving debts and securities. A person is said to have passed away intestate when he/she does not leave a legal Will. Succession certificate entitles the investee company to make payment of debt or transfer securities to the holder of certificate without having to ascertain the legal heir entitled to it. Lastly, the Letters of Administration are granted by a Competent Court to appoint appropriate people to deal with a deceased person's estate.

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                            <h4> Dedicated NRI Desk </h4>
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                            An NRI (Non-Resident Indian) is an Indian citizen who is ordinarily residing outside India and holds an Indian Passport. Furthermore, whereas a PIO (Person of Indian Origin)/ OCI (Overseas Citizen of India) card holders are people whose ancestors were of Indian nationality and who is presently holding another countries’ citizenship i.e. he/she is holding foreign passport. In respect of facilities available in economic, financial and educational fields, PIO/OCI are considered to be equivalent of an NRI. We have a dedicated desk to cater to the needs of NRIs, PIOs or OCIs.<br>
                            
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                            <h4> Dedicated Desk for Corporate Clients and Trusts  </h4>
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                             We have a specialized desk meant to resolve issues being faced by Corporate Entities, Partnership Firms, Association of Persons (AOPs) or Body of Individuals (BOIs) or Trusts, etc. relating to investments held by them in their names in physical or dematerialized form.
                            
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                            <h4> How We Operate  </h4>
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                                  <h6>Step 1: </h6>
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                                            <li><b>A.</b>	Our team does identify the shares probably having been transferred to the IEPF and try and trace the shareholders or their legal heirs and solicit to offer our services in those regards OR</li>
                                            <li><b>B.</b>	A prospective client intending to seek our services could provide us with the soft copies or photocopies of the share certificates as maybe available with him and THAT IS IT. We shall then undertake to ascertain and quantify the holdings thereof by looking into the corporate actions including change of name, mergers or acquisitions and demergers by factoring-in the swap ratios, bonuses, split or consolidation of face value, capital reduction, etc., <br>Furthermore, we shall also undertake to ascertain the scope of work by assessing if there are any share certificates that are lost and/or the shares have been referred by the companies to Investor Education and Protection Fund (IEPF) Authority and/or if the shares are required to be transmitted in the names of the legal heirs. We even undertake to identify the shares in the names of </li>
                                            
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                                  <h6>Step 1: </h6>
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                                            <li>We then communicate the professional fees and tentative turnaround time for completing the assignment.</li>
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                                   <h6>Step 3: </h6>
                                   <ul>  <li>An agreement shall be signed between the investor or his/her legal heir and us, which will include all the above details.<br>We will not seek a single penny as advance; the payment is required to be made in parts at predetermined stages as the assignment progresses.</li>
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