Case Studies

A Case study on IEPF Claim

A Case study on IEPF Claim

WE have read a lot about unclaimed dividends and Shares being transferred to IEPF account. This means that the Indian Government has taken adequate steps to protect the interest of the investors.

Case Study 1<br />
Case of the missing son

Case Study 1
Case of the missing son

A reasonably wealthy business man in a tranquil little town in Tamil Nadu had invested in a few blue chip companies.

Case Study 2<br />
Case of the expired Succession Certificate Holder.

Case Study 2
Case of the expired Succession Certificate Holder.

Original shareholder was a government servant. He invested most of his surplus savings in shares of various companies. He expired in the year 1998, leaving behind his wife and her mother, he also had a sister

Case Study 3<br />
Case of Missing Details.

Case Study 3
Case of Missing Details.

Out client is a house wife and the only legal heir of her father. Father had another son. He too expired without any legal heirs.

Case Study 4<br />
Prioritizing succession certificate

Case Study 4
Prioritizing succession certificate

Share holder migrated to the US in the late 1980s, He invested shares in a blue-chip company. Just one share is valued at Rs 1.50 crores,

Case Study 5<br />
Care of joint shares

Case Study 5
Care of joint shares

Original share holder expired and has left a very large estate, Shareholder died intestate (without leaving a will) and he left behind his son and wife as legal heirs.

Case Study 6<br />
Case of suspense account

Case Study 6
Case of suspense account

The shareholder was never in India. He is a foreign service officer and he got posted everywhere in the world. He, during his youth, invested in a blue-chip company.

Case Study 7<br />
Nomination or will – which one is supreme?

Case Study 7
Nomination or will – which one is supreme?

Our client is the son of the shareholder. He had a will in his favour, bequeathing certain shares.

Case Study 8<br />
case of Divorce and Settlement

Case Study 8
case of Divorce and Settlement

Shareholder is the mother of our client. Our client was married to a woman whom he divorced and he has no children.

Case Study 9<br />
Second Wife and Succession

Case Study 9
Second Wife and Succession

We have a client who is the nephew of the deceased Shareholder. This particular case is peculiar. Our client’s Aunt, Mother’s Younger Sister, Was the shareholder

Case Study 10<br />
Harshad Mehtha and Securities Scam

Case Study 10
Harshad Mehtha and Securities Scam

Our client had unclaimed shares in a blue chip company. During the days of paper share trading he wanted to sell some shares and handed them over to a sub broker in Trichy, TamilNadu

Case Study 11<br />
Transmission of shares with respect to Charitable Trusts

Case Study 11
Transmission of shares with respect to Charitable Trusts

There was a successful Businessman in the city of Chennai. He brought various shares in his own name and in the name if his wife.  In addition, there were lot of Real Estate Properties too.They had no children.

Case Study 12<br />
Joint Shareholding and both Shareholders are dead

Case Study 12
Joint Shareholding and both Shareholders are dead

A shrewd senior level employee in a major industrial house invested in shares largely through IPO or first issue as it was called n 1980’s and 1990’s.  These investments turned into sizeable value today