Some British people who are holding shares and stocks in India

Some British people who are holding shares and stocks in India

There are many people from Britain who are holding shares and stocks in India but the same are unclaimed. The dividends on such accounts have not been claimed for a long time.

These shares in Indian companies may have been forgotten by the shareholders/ or their families; they may have changed their address but forgotten to inform the companies of their change in address; the shareholder may have forgotten to tell his/her family about such investments; the shareholder might be deceased and the family/ heirs may not be aware of the legal procedures to claim the same or find the procedure cumbersome; but the fact remains that these shares are unattended – the corporate benefits on them like dividends, bonuses are unclaimed for many many years.

The shares continue to be in their names; these investments must have happened at least 60 years back. Chances are that the shareholder may have been deceased or too old. The dividends on such accounts is outstanding for many many years. The shareholder/ legal heirs would be entitled to the same.

Some of the people in wgose names investments have been found are – Mrs Alma Mathilda Greenhalgh of  Surrey, Richard Allan Forrester of Dawlish. Jessica Amelia Payling of Essex, Robert Ernest Whittle of London, Alison M Pringle of Moffat, Lt Col D L Graham, Sussex,  Audrey D Thurlow of  Essex, Jogn Wallace Grant of Essex, John Alexander Gemmel of Middlesex, Elizabeth Janet Cowie  of Glasgow , Noel Kirwan of Sussex, Mah Tai Paton of Kent, Marion Emin Gregory of London, Thomas Bertram Radley of Berkshire etc. But there would be many many more.

We can help you in claiming the shares if the shareholder is deceased and you are a legal heir. We can provide you our services of tracing the assets and initiating the legal procedures in India to claim the same.

In order to contact us, please go to our website www.fundtracers.com and contact through that site. or email  at fund.tracers@gmail.com

Are you trying to trace old Indian companies or missing old companies and investments ?

Unknown to many people, there are huge unclaimed funds in India that are locked up in Shares and securities of listed Indian companies, bank accounts & deposit accounts, insurance policies, properties etc. It is not just the resident Indians but even foreign nationals including nationals from Nepal, Burma, South Africa, England, Mainland Europe that are entitled to missing, unclaimed or forgotten fortunes in India

Lots of foreigners find it difficult to trace assets in India that were acquired by their family elders and ancestors. As already mentioned, Lots of people from Nepal, Burma, Africa, England, Europe, USA, Canada etc., are holding equity shares in Indian companies. These were acquired during the initial years of the 20th century till probably the mid sixties. British invested in the shares of Indian companies as well as property during the period of the British Raj – when the British were running the government, Armed forces, business houses and companies in India. Likewise, people from Nepal, Burma, Sri Lanka. Mainland Europe and Africa who had business interests in India also invested in shares, lands and buildings. Most of them may be deceased or they may have changed address and lost contact with the company but the shares still exist in their names.

Shares may become untraceable for a variety of reasons – the company may change its name, it may have been merged with another, or it may have become sick and / or gone into liquidation. Or simply the person who bought the shares or operated the bank account forgot to inform their family or records were misplaced and the family may not be aware of the same.

The person who opened and operated the account may have forgotten to tell his/her family members about the account; or may be the person moved address and forgot about the bank account. There have been instances where people moved overseas from India and lost track of their lands etc.

Contact us if you feel that you, or any of your family elders or relatives hold any assets in India – they may be deceased or may have forgotten about their investments. Register with us so that we may do a database check.

In order to contact us, please go to our website www.fundtracers.com and contact through that site. or email at fund.tracers@gmail.com