Over the years many NRIs who once invested in Indian companies, bought shares during IPOs or secondary markets, or simply inherited some investments from their parents or relatives, have slowly lost track of those investments, and the result is that today there are thousands of crores worth of unclaimed dividends and shares lying idle in […]
When a person dies in Chennai leaving behind movable or immovable property, bank deposits, shares, or other financial investments, the family members or the surviving relatives cannot just walk into a bank or company and ask for the release of assets because in India everything is dependent on proof of legal relationship, and this is […]
In India there are lakhs of investors and families who are holding shares and dividends that have gone unclaimed over the years, sometimes for simple mistakes like wrong address or old bank account which is not updated, and sometimes because the shareholder passed away and no one in family knew about it, and in such […]
In Delhi, many investors and families are still holding shares which have been unclaimed for years, either because the paperwork was never updated properly or because the details in company records doesn’t match anymore. A lot of people don’t even realise that they are entitled to these shares, until suddenly they find out about some […]
Most of the time businesses are so busy looking ahead, chasing new clients and new profits, that they don’t even realise how much is lying behind unused, forgotten or just ignored. Old machines lying in a corner, furniture stacked in storerooms, investments that nobody checked in years, or even unclaimed shares and dividends which are […]
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