Recovery of Shares
- Transfer of shares after death of an original shareholder
- Transfer of physical shares
- Recovery of lost shares
- Issue of duplicate shares
- The claim of shares from IEPF
- The claim of dividend from IEPF
- Following up with Registrar and Transfer Agent (RTA) for transfer of shares
- Call us at +91 9599653306 for a better assistant
In the Early days, investment in shares was carried out through physical share certificates. The investments made in a company in the form of shares or debentures by the investors were allotted in physical form. These shares/debentures being in paper form were difficult to store and easily destroyable and losable. It was hard to keep them securely in the paper form as the investors would eventually end up losing them or dismantling them due to various reasons such as shifting from one place to another, wear & tear of the share/Debenture certificate. There could be multiple reasons as listed below for such an unclaimed investment in physical form.
- Lost Shares
- Dismantled Shares
- Torned Shares
- Forgotten Shares
- Death of Original Shareholder
MUDS is your one-stop solution to claim these unclaimed shares and does it for you uniquely and differently. At MUDS, you will get complete assistance for all your doubts and queries related to shares, transfer of shares, issue of duplicate shares, transposition of shares, name deletion, etc. In a crux, MUDS will assist you to recover your unclaimed shares. These are some highlighted services from MUDS.
Here are three of the major services you can get at MUDS.
Service #1: Share Transmission
What is the Meaning of Share Transmission?
It means transferring shares by Operation of Law i.e transfer of shares in the legal heir after the death of original shareholder. The Legal heir face problems with transmission of shares due to reasons including death, insolvency, marriage, lunacy, inheritance, bankruptcy or due to any other “statutory” reasons except natural transfer. Once you have registered for the share transmission with a company, you are not only the shareholder; you are also entitled to all the rights.
Possible Problems and Our Support:
Sometimes Share Transmission becomes very clumsy, It can take a toll on you especially if you are not seeking proper professional advice. We at MUDS are offering assistance to our respected clients on various issues regarding Share Transmission. Have a look at some of the possible challenges you might face during transmission of share.
Mix up of “Transfer of Shares” and “Transmission of Shares”: It is found to be one of the most common problems faced by shareholders. The Constitution of India’s Companies act highlights the difference between “Transfer of Shares” and “Transmission of Shares” The “Transfer of Share” entirely depends on the shareholder’s act and decision while “Transmission of Share” is completely inclined to the operation of laws. In the case of “Transmission of Share,” shares are transmitted only by inheritance or will, while “transfer of shares” is not always done with specific consideration.
Jointly Held Securities: You can also face problems in share transmission when you are one of the joint holders. In the case of jointly held securities, we can help in name deletion of the other shareholder either by operation of law (in case of death of joint holder) or either when you are seeking the same voluntarily.
Multiple Holdings in Different Companies: In case you have multiple holdings in different companies, if you want successful share transmission, you must have to send the relevant documents to each company and do the follow-ups constantly according to different policies of different companies.
- Certified copy of death certificate.
- Request application for the transmission from legal heir(s) or representatives.
- Letter of Administration or Succession Certificate or Probate of Will.
- Specimen signature of the successor(s).
Service #2: Transfer of Shares
What does it mean? In marketing terms, transferring the title of the certificate of share from the transferor to transferee is known as the “transfer of shares.” When you are holding shares in physical form and you are the legal heir of the said shares and you are looking forward to transferring such shares in your name, you can connect with Muds for all such transfer related solutions. How Can We Assist You in Transfer of Shares? It is natural to face some common troubles when you are trying to transfer the shares of multiple companies to your name. At MUDS, you get satisfied assistance if you are facing any of the below-mentioned problems.
- Loss of Share Certificates: Sometimes share certificates are lost due to an unfortunate circumstance. If you have lost your share certificates, there is a very high chance that you may not be able to recover the value of those shares. At Muds, we help you recover those duplicate certificates in your or your company’s name and can make your efforts of getting your possessions back easy and hassle-free.
- Mismatch of Signature: It happens often that your signatures tend to change over a period of time, likewise specially if you are signing the documents after a long period and your present signatures are not matching to the signatures available in the previous records. At Muds, we can help in updating your signatures with the Company’s record.
- Mutilated Share Certificates: Improper care of share certificates can cause wear and tear on them, and you might face huge problems in the transfer of shares. So, if you possess shares that are torn, dismantled, or mutilated, At muds, you can seek a solution to recover those shares.
- Non-Submission of Transfer Deed: It happens in the case when a buyer has honestly paid the consideration amount but was unable to submit the transfer deed due to any reason. Inevitably, the shares are still against the name of sellers. At Muds, we can help you in transferring those shares to the buyer wherein the shares are still in the name of the seller.
If you are facing any of the problems mentioned above in “Transfer of Shares,” you don’t need to panic, share your problem with MUDS and you will get full support from our team of Share recovery experts.
Service #3: Unclaimed Dividend
Understanding Unclaimed Dividend: Companies declare dividends on shares annually and when these dividends are ‘unclaimed’ by the shareholder for a consecutive period of 7 years, they are transferred to IEPF Account. As an investor, you are allowed to claim your unclaimed dividends even after the shares have been transferred to the IEPF account. When and How You Can Get Help From MUDS? There are numerous affected investors of unclaimed dividends even after the government’s constant efforts to ensure the security of unclaimed dividends, deposits, debentures, split shares, bonuses, etc. If you are also one of the sufferers of problems regarding unclaimed dividends, you don’t need to worry. MUDS are always here to provide you complete assistance. We will help you to recover the unclaimed dividends and shares or any other bonus or fund. Here are some possible problems you might face during your efforts of recovering unclaimed dividends.
- Expired Records: The biggest reason for the existence of unclaimed dividends is the outdated or wrong details of shareholders. Mismatch of any personal detail including name, age, father’s/husband’s name, date of birth, and address can put one’s shares into unclaimed dividends.
- Improper or No Execution of Transfer or Transmission: Sometimes shares of the buyer remain in the name of the seller due to improper or no execution of the transfer. It commonly happens in the case of physical shares. Similarly in the case of share transmission, if a legal successor or heir fails to do the proper transmission of shares in his name after the death of the investor. It can happen due to any reason including negligence of the successor due to any reason, fraud from the concerned company, lack of effort, or improper legal consultation.
It is all about these three services on offer from MUDS. Feel free to contact us whenever you are facing problems. This is not all about our services and consultations. You can seek our assistance in other legal procedures including micro-financing, litigation, compliance, incorporation, NBFCs, insolvency, and much more. We are always ready to welcome you.
MUDS is an all-rounder organization comprising of very talented and motivated individuals trying to serve in various domains in the best way possible. MUDS are always determined to provide excellent services in domains like microfinancing, infrastructure, packaging, renewable energy, travel & tourism, automotive, oil and gas, and plenty of other services related to IT sector.
UDS is a global body providing consultancy services to a large number of people. The team of MUDS believes in a long relationship with all the clients to make sure effective and satisfied services without any compromise on the comfort and satisfaction of the customers.
We are serving to a large number of people for quite long now. We aim to solve all the tricky problems related to unclaimed investments of any amount. MUDS are continuously trying to expand its consultancy services and to give the customers a more satisfying experience. Building relationships with trust and reliability are our biggest priority.
MUDS never charges any advance or hidden fee. All you need to pay is the nominal commitment fee which is refundable if the job is not done. You will have to pay for some basic procedures and documents like legal fee, documentation charges, stamp papers, etc.
If you are holding shares and you don’t have any certificate in physical forms, it is natural to face some complications, especially if you don’t have any other document as the record of your lost shares. But you don’t need to worry. Legal professionals of MUDS are doing the job of solving these cases with huge success. Contact MUDS if you are in such circumstance.
Your comfort is always our priority. We wouldn’t want to give you any problem or discomfort. Your regular physical visit is not required, MUDS team will be in touch with you and send one of the representatives to your address when it is required.
If the name of a company is changed, as a shareholder, you will have to follow the cumbersome process. You can’t trade or sell the holdings until the company issues the new certificates with a new name, address, and stamp of the company
The merger of two or more companies isn’t something new, and it can happen multiple times. As an investor, you might face tricky problems like swapping ratio of the shares. Don’t create any panic. Come at MUDS; you will get complete assistance and advice from investment experts of MUDS.
Getting back the unclaimed investments is not an easy task. It requires some skills and experience of not only investments and shares, but of lengthy hurting legal procedures as well. Once you share your problems with MUDS, it’s our responsibility to go through all the lengthy legal procedures and make your life comfortable and easy
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