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Transfer of Share

Share Samadhan is a vertical of WhiteInc Group, a Delhi-based company managed by qualified Chartered Accountants, Company Secretaries and lawyers. The group has now presence in HR and capital market advisory besides its core area of financial service. Share Samadhan is a part of this young, dynamic group with pan-India footprints.

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Transfer of Share

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  1. ShareSamadhan Share Samadhan is part of WhiteInc group, a Delhi-based diversified firm managed by qualified Chartered Accountants, Company Secretaries and lawyers with pan-India footprints. The group is on growth path with presence in financial advisory service, capital market consultancy and human resources.

  2. About us Share Samadhan is a dedicated team of professionals having niche experience in the area of unclaimed investments. We provide customized service to nagging problems of blocked investments in shares and mutual funds. Share Samadhan is an expert in bringing your money back.

  3. Transfer of Share Transfer of shares means an act of transfer of title of share certificate from one person (transferor) to another (transferee). Transfer of shares is needed when one buys shares from secondary markets or holds shares in physical form. As per section 108 of the Companies Act 1956, submission of valid transfer deed is compulsory for transfer.

  4. TRANSMISSION OF SHARES Share transmission is the devolution of title of shares of a shareholder due to death, inheritance, bankruptcy, insolvency, lunacy, marriage or by any other lawful means other than transfer. On registration of the transmission of shares, the person becomes the shareholder of the company and is entitled to all rights as a shareholder. 

  5. DEMAT OF SHARES Dematerialization (popularly ‘demat’) is the process of converting physical shares into electronic format. An investor who wants to dematerialize his shares needs to open a demat account with a Depository Participant (DP). Investor surrenders his physical shares and in turn gets electronic shares directly in his demat account. Under the current provision, dematerialization of promoter shareholding is mandatory while non-promoter investors have an option to hold securities either in physical or demat form.

  6. UNCLAIMED DIVIDENDS Unclaimed dividend is the declared dividend by a company which is not encased or claimed by the shareholders. The Companies Act of 1956 mandates that dividends not paid or claimed in 30 days are transferred to a separate bank account. An investor can claim his dividends from this account anytime in the next 7 years. After that, it goes to the Investor Education and Protection Fund (IEPF) which is managed by the Ministry of Corporate Affairs.

  7. CONVERSION OF SHARES, DEBENTURES A convertible debenture is a financial instrument which changes its nature after completion of a specific period of time. It is a type of loan issued by a company that can be converted into stock by the holder and, under certain circumstances, the issuer of the bond.

  8. PROPERTY CLAIM SAMADHAN Share Samadhan team backed by Industry seasoned professional having knowledge of entire spectrum of real estate industry helps you to recover your money stuck in property Share Samadhan will be glad to assist you: In case you are not able to get refund of your investment in real estate project which is either delayed or halted.In case you are looking for dispute resolution or settlement with builder / developer / colonizer etc.In case you are looking for filing suit for your real estate matters In case you are looking for consultation in family property dispute resolutionIn case of not getting possession or no penalty for delayed period

  9. LOST SHARE CERTIFICATES Investors still holding shares or mutual funds certificates in physical forms, do face such problems. It becomes more complicated if the investors do not have any record of the lost certificates. However, Share Samadhan has solved many cases of lost certificates with the help of our extensive network and database.

  10. Death of shareholder Transfer of shares is an act of transfer of title from one person (transferor) to another (transferee). Transmission of shares means the passing of title from a shareholder to his legal heir due to death, succession, bankruptcy, marriage. While transfer of shares is a voluntary act, transmission of shares is an operation of law.

  11. UNCLAIMED INVESTMENT Unclaimed investments are investments in various financial instruments which legal owners have failed to claim over the years. The idle money is usually found in lapsed insurance policies, dormant bank, public provident fund and postal accounts, besides shares, mutual funds, benefits such as unclaimed dividends, bonuses, split shares etc. As the unclaimed money piled up in the system, it has gained serious attention at the highest level in government asking for concrete actions.

  12. CONTACT US Share Samadhan B -35, Lower Ground Floor, South Extension - Part II New Delhi - 110049,, India, South Extension II, New Delhi, Delhi 110049 +91 11 49 08 40 02 / 03 /09 samadhan@sharesamadhan.org www.sharesamadhan.org

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