Sage-Tips

How do I get back lost shares?

Recovery of Shares

1. Transfer of shares after death of an original shareholder.
2. Transfer of physical shares.
3. Recovery of lost shares.
4. Issue of duplicate shares.
5. The claim of shares from IEPF.
6. The claim of dividend from IEPF.
7. Following up with Registrar and Transfer Agent (RTA) for transfer of shares.

How can I check dividends received from demat account?

If you are eligible for dividends and have not received it even after the dividend payment date, you will need to contact the companies’ registrar. You can find the details of the company registrar on the NSE website under the ‘Company Directory’ tab and the BSE website under ‘Corp Information’ tab.

How do I claim a missing dividend?

Toll Free No.:1800-114, Email: [email protected], Website: www.iepf.gov.in. 1. Download the form IEPF-5 from the website of IEPF (http://www.iepf.gov.in) for filing the claim for refund. Read the instructions provided on the website/instruction kit along with the e-form carefully before filling the form.

How do you dematerialize physical shares?

The process of conversion of physical shares to demat

1. Step 1: Visit the website of your preferred DP.
2. Step 2: Click on the ‘open a demat and trading account’ link.
3. Step 3: Fill in the demat and trading account opening application.
4. Step 4: Upload scanned copies of all the necessary Know Your Customer (KYC) documents.

What happens to shares when the owner dies?

When a shareholder dies the right to his interest in the shares will pass to whoever inherits them under his will or intestacy. This will, however, be subject to any restrictions on transmission in the company’s articles. Restrictions on the transfer of shares will generally apply also to transmission on death.

Is dividend directly credited to bank account?

The dividend amount will be automatically credited to your bank account if your bank mandate is recorded with the registrar. The company announces the dividend on this date. The deadline by which you must be listed as a shareholder on the company’s books in order to earn a dividend.

Do dividends expire?

Check Regulations. Dividend checks are subject to the same regulations that apply to other paper checks. Checks don’t expire, but they become stale when they are more than six months old. There are no federal laws that obligate banks to cash stale checks, although it is required in some states.

How do I collect my dividends?

In order to collect dividends on a stock, you simply need to own shares in the company through a brokerage account or a retirement plan such as an IRA. When the dividends are paid, the cash will automatically be deposited into your account.

What happens if dividends are not claimed?

Where a dividend has not been paid/claimed within 30 days of declaration then the unclaimed/unpaid balance is transferred to a special account opened by the company in a scheduled bank called the ‘Unpaid Dividend Account’.