FAQs (Frequently Asked Questions)

LawFin Advisor is a distinguished team of accomplished professionals who specialize in providing expert assistance to investors in navigating the intricate process of reclaiming shares and dividends from the IEPF Authority. Our team comprises highly qualified and experienced individuals who bring their extensive knowledge and expertise to help investors successfully recover their rightful investments. With a strong commitment to excellence and a robust infrastructure in place, LawFin Advisor has established itself as a leading platform in the field. We take pride in our unparalleled team and the efficient services we offer to investors. Our goal is to provide a seamless and effective experience, ensuring that investors regain their investments in a timely and efficient manner.

LawFin Advisor is a well-established and highly successful firm in reclaiming multiple crores of unclaimed shares/dividends from the IEPF Authority. With a long-standing and trusted partnership with the Authority, we excel at making personal representations of our clients' cases before the Authority, ensuring speedy resolution of their claims. Say goodbye to the hassle of navigating government offices to recover your own money with LawFin Advisor by your side.

At LawFin Advisor, we are dedicated to assisting you in identifying shares in your father/mother's name. To accomplish this, we require some essential details, such as your father/mother's full name and the address where the shares were purchased. With our expertise, we are confident in locating a substantial portion, if not all, of the unclaimed shares associated with their names. Our comprehensive approach ensures that you have the best chance of recovering these valuable assets.

There is absolutely no risk involved when seeking assistance from LawFin Advisor. We operate on a contingency fee basis, which means we only get paid when you get paid for the investments in your name. If you are a legal heir, the process may require obtaining a Succession Certificate/Probate/LOA from the Court. We have a dedicated team of lawyers for this purpose. Court fees, based on the jurisdiction of the State where the case needs to be filed, will be borne by you as the legal heir. We do not charge any upfront expenses or fees. In the event that we are unable to recover your investments, you owe us nothing. Our fee is contingent upon successfully recovering the investments on your behalf. We bear all other expenses, and our fee is based solely on a percentage of the recovered investments, which will be clearly stated in the Recovery agreement. You can rest assured that you will not have any out-of-pocket expenses during the process.

1. Expertise and Experience: At LawFin Advisor, we possesses specialized knowledge, extensive experience, and a deep understanding of the processes involved in recovering unclaimed investments. We have personal contacts within relevant companies, RTAs, and government authorities, which can significantly expedite the claims process. 2. Time and Effort Savings: Recovering unclaimed investments can be a complex and time-consuming task. By engaging with us, you can save your valuable time and effort that would otherwise be spent on making numerous calls, writing letters, and navigating the intricacies of the filing requirements. They handle the entire process for you. 3. Access to Proper Documentation: At LawFin Advisor, we can advise you on the necessary documents required to successfully file a claim. We can guide you on obtaining various types of documents to prove your entitlement, ensuring that your claim is filed accurately and promptly. 4. Progress Monitoring: Once your claim is filed, we have the capability to track its progress. We can provide updates and monitor the status of your claim, allowing you to stay informed throughout the entire process. 5. Safety and Security: At LawFin Advisor, we understands the sensitivity of personal information and the legal intricacies involved in the recovery process. With our team of leading professionals we prioritize the secure handling of your information and ensure compliance with relevant regulations. 6. Contingency-Based Fee Structure: At LawFin Advisor, we operates on a contingency basis, meaning they only get paid when you get paid. There are no upfront costs, retainers, or additional fees involved. Their fee is based on a percentage of the recovered property, providing you with a risk-free approach to reclaiming your investments. It is important to note that LawFin Advisor's services offer convenience, expertise, and a higher likelihood of successful recovery.

LawFin Advisor is comprised of a highly regarded team of professionals, who have obtained qualifications from prestigious universities. As a leading professional wealth recovery firm, we have an exceptional track record of assisting numerous investors across the globe in reclaiming substantial amounts of unclaimed investments. Our team's expertise extends beyond providing legal advice; we have a comprehensive understanding of the intricacies involved in the recovery process. We prioritize delivering sound legal solutions to our clients, ensuring their interests are safeguarded throughout the entire process. Our esteemed clients have expressed their satisfaction with our services, and we would be delighted to share their reviews with you. Additionally, arrange a meeting at our expense to gain a deeper understanding of our background and the intellectual strength we bring to the table. By engaging with LawFin Advisor, you can benefit from our extensive experience, specialized knowledge, and dedication to assisting investors in reclaiming their rightful investments.

At LawFin Advisor, we specialize in identifying lost, forgotten, or unclaimed investments that may have been overlooked for a significant period. Our diligent research allows us to trace the rightful owners, legal heirs, or next-of-kin, even if they are residing in various parts of the world. If we have contacted you, it is because we believe you may be the rightful owner or legal heir of these investments, or you may have knowledge about the person or family we are trying to locate. Our intention is to connect with the individuals who are entitled to these unclaimed assets and ensure that they are aware of their rightful ownership.

At LawFin Advisor, we employ a comprehensive approach to locate individuals who may be entitled to unclaimed investments. Our process involves collating and analyzing extensive data available in the public domain, as well as information from various sources such as social media websites. Our dedicated analytics team carefully filters and assesses this data to identify relevant investors or their legal heirs who have rightful claims to the unclaimed investments. This diligent research enables us to connect with the individuals who may have overlooked or forgotten about these assets.

At LawFin Advisor, we strictly adhere to privacy regulations and ethical practices. All the information we obtain is sourced from publicly available databases and records. We do not have access to any private information or reports specific to you or your family. Please be assured that any information we have obtained is handled securely and treated with utmost confidentiality.

Investments from the 80s, 90s, or early 2000s were often documented physically, such as share certificates, debenture certificates, FDs, National Savings Certificates, Kisan Vikas Patras, and more. Over time, many individuals have lost or misplaced these physical records. Additionally, regular payments in the form of redemption cheques, dividend warrants, and other financial instruments may have been lost due to outdated, inaccurate, or incomplete addresses on file. Various circumstances contribute to investments becoming unclaimed and eventually being transferred to the government under specific laws and regulations. Name changes resulting from marriage, remarriage, or divorce can further complicate the traceability of investments. These factors, among others, play a role in investments becoming unclaimed and necessitate efforts to identify rightful owners or legal heirs to recover these assets.

To initiate the process of recovering your investments with LawFin Advisor, you will need to take the following steps: 1. Review and Sign the Recovery Agreement: LawFin Advisor will provide you with a Recovery Agreement that outlines the terms and conditions of their services. Take the time to carefully read and understand the agreement before signing it. If you have any questions or concerns, feel free to seek clarification from LawFin Advisor. 2. Provide a Special and Limited Power of Attorney: LawFin Advisor will share a Special and Limited Power of Attorney document with you. This document grants us the necessary permission and authority to act on your behalf in the recovery process. It is essential to thoroughly review the document, ensuring you comprehend its contents and implications. If needed, consult with a legal advisor to ensure you are comfortable with granting this authority. By completing these steps, you will authorize LawFin Advisor to represent you and work diligently to recover your investments. If you have any inquiries or require further assistance, do not hesitate to communicate with LawFin Advisor for clarification.

If you are the legal heir of a deceased parent who has unclaimed investments, you may be entitled to recover those investments. The specific entitlements and procedures for claiming unclaimed investments vary based on the laws and regulations governing inheritance in India. In the event that your parent passed away outside of India and was a foreign national, the inheritance laws of the country in question would apply. It is important to consider the jurisdiction-specific regulations and requirements in such cases. At LawFin Advisor, our team of experienced professionals can guide you through the complexities of the recovery process, taking into account the applicable laws and regulations. We can assist you in understanding your entitlement as a legal heir and provide expert guidance to ensure a smooth and successful recovery of the unclaimed investments in accordance with the relevant legal framework.

The government authorities, companies, and registrars responsible for holding your investments require submission of various forms of documentation to comply with Know Your Customer (KYC) regulations. This is a standard practice implemented to ensure the legitimacy of the recovery process and to establish that you are the rightful owner or heir entitled to reclaim the investments. These types of identification and documentation, such as Aadhaar Card, PAN Card, drivers' licenses, marriage certificates, death certificates, passports/OCI/PIO cards, legal heir certificates, succession certificates/probate/letters of administration, utility bills, banker's attestation of signature, cancelled cheques, and client master list of demat account, are commonly requested to verify ownership and establish your entitlement. While it may initially raise concerns about providing personal information, it is essential for your verification and protection. Requiring proper documentation helps prevent errors, such as releasing investments to the wrong person, and safeguards against potential fraudulent claims. Rest assured that at LawFin Advisor we value your privacy and treats your personal information with the utmost confidentiality and security throughout the recovery process.

At LawFin Advisor, we specialize in assisting with the recovery of a wide range of investments that may have become unclaimed. Some common types of investments that can be subject to being unclaimed include: 1. Equity shares 2. Savings accounts 3. Insurance benefits and policies 4. Debentures 5. UTI bonds 6. Dividends 7. National Savings Certificates (NSCs) and Public Provident Fund (PPF) 8. Safety deposit box contents 9. Mutual funds 10. Bonds These are just a few examples, and there can be other types of investments that may also become unclaimed. Our expertise lies in identifying and assisting individuals or legal heirs in recovering such unclaimed investments.

The time limits for recovering investments vary depending on the type of investment and the applicable laws and regulations. While some investments may have specific deadlines or claim periods, others may not have a strict time limit. However, it is generally advisable to act promptly in pursuing the recovery of your investments. By initiating the recovery process as soon as possible, you can prevent further loss of potential returns or benefits associated with your investments. Allowing the government agency or company holding your investments to retain control means they may benefit from any interest or growth generated by those funds. Reclaiming what rightfully belongs to you at the earliest opportunity is in your best interest. At LawFin Advisor, we are here to assist you in promptly initiating the recovery process for your investments, ensuring you regain control and maximize your financial interests.

As a Non-Resident Indian (NRI), if your parents purchased shares in India years ago, there are specific steps to claim or transfer these investments to your name. If your parents, who were Indian Citizens at the time of their death, have passed away, and the value of the investments in any one company is more than 2 lakhs, you can claim them by providing a succession certificate from the court, a probate of will, or a letter of administration. Afterward, you need to complete the transmission of shares procedure with the respective companies. If your parents passed away outside India and were foreign nationals, you must follow the inheritance laws of that particular country. However, if your parents are still alive, you can transfer the shares to your name by completing the due process and submitting the required documents for share transfer with the respective companies. In case the shares have been transferred to the government authority due to unclaimed dividends for several years, in addition to the mentioned procedure, you will also need to file a claim with the government authority, IEPF, to reclaim such investments. LawFin Advisor is here to guide you through these processes and assist you in retrieving the rightful ownership of these investments. Our dedicated team will navigate the legal requirements and ensure a smooth reclamation process for you.

In case of NRI to claim back investments in India the following documents are required: In case you are an Indian Passport Holder: PAN Card Passport Address proof (both Indian and overseas) NRE\NRO Account Demat Account In case of a Foreign Passport Holder in addition to the above mentioned documents either OCI or PIO card is mandatory.

PAN card is mandatorily required for NRIs claim investments in India. If you do not have a PAN card in India, the same has to be obtained by filing form 49AA.

You don’t need to visit India for the investment recovery process. All the documents will be sent to you for execution from India. However, if you are the claimant of the shares by way of inheritance you might need to visit India or appoint a local power of attorney to obtain requisite court orders as per the Indian Succession Act. We have extensive experience in handling succession-related matters, including obtaining succession certificates, probate of will, and letters of administration to represent you during the legal proceedings in India.