108 year old share certificate of an Indian Company

March 10, 2009

Certificate of The Howrah Sheakhalla Light Railway Company Limited, issued on 10th April 1900.

The Company was set up by an existing British Managing Agency House, Martin & Co a giant in Engineeing in the early part of 20th Century. The Managing Agency House promoted a number ofrailway companies and power utilities. It is now know as Martin Burn Limited , after its merger with Burn & Co in 1946

In case you need more information, please contact us through email – write to fund.tracers@gmail.com

Unclaimed assets owned by foreign nationals in India

June 24, 2008

Unclaimed Assets Owned By Foreign Nationals In India

Unclaimed shares belonging to families from Sri Lanka in Indian Companies

June 20, 2008

Some families from Sri Lanka own shares in Indian Companies that may be unclaimed for a long time

Some SriLankan families are holding shares and stocks, bank accounts 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 themselves may be deceased and the family members may nothave pursued the succession proceedings; but the fact remains that these shares are unattended – the corporate benefits on them like dividends, bonuses are unclaimed for many many years.

Some of the names are KARUPPIAH ARUNSALAM PILLAI, PANNIAH CASIP PILLAI, S R THURAI, Sidambaram Vytilingam, P A Ignitius, Lilina Seelawathie Gunatilleva, Luis Charles De Soysa Pieris, N Caruppenan Pillai, Norman Edward Weerasooria, John Spencer Coats, Etc.

The shares continue to be in their names; these investments must have happened atleast 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.

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

How to trace shares and securities in Indian companies

June 6, 2008

Ever wondered what `that old Annual report’ of an Indian company was doing among the old papers and records of your parents, or grandparents?

When you were young, you recollect your family receiving bulky annual reports, correspondences, dividends etc from companies in India. Those thick books with pictures of factories, office buildings and lots of numerical figures and accounts – things you were too young to understand, but enjoyed playing with them.

Or those thick sheets of paper called `share certificates’ with the Victorian kind of colorful designs printed on them and names written in `calligraphy’ design that your family used to keep safely.

Or the chat your father or grandfather would have with his colleagues about Indian stock markets. You fondly recollect it now, but that time as a child you could never understand that.

The above instances and many more can be recalled by many people today but they do not know the exact reason for this – Was someone in the family, investing in Indian stock markets and Indian companies? You recall that in 1950’s your father or grandfather or one of your uncles used to visit Calcutta on business purpose or was in the army and used to frequently travel there. Or may be you recall faintly that they used to bank there.

But the crucial question remains unanswered – was any one investing in the stocks?

There are lots of people who would have had the above experience. They have similar recall or recollection but no definite answer. Even if they want to pursue the matter, they have no idea how to go about it. Neither are those old papers and records available – well, as some one in Pokhra had stated who was trying to pursue the matter said ‘we used to take out pages from those books and make paper planes’. The papers and records were trashed as useless, after the demise of the investor. Those who made the investments may be they forgot to tell their wife, children, or family about it. You don’t even know if there still exist investments in any of the companies in India in the name of your parents or grandparents.

Is it a dead end for such people? Not necessarily.

Help is at hand.

Fund Tracers specializes in tracing assets for people. Located in New Delhi, India we are the only company in India that works exclusively on tracing assets like shares, securities, bank accounts, etc., and facilitating the legal procedures to enable the rightful owners claim the same.

There are a number of reasons why families may not be aware of such investments. Shares may become untraceable for other reasons too – the company may change its name, it may have got merged with another or it may have become sick and / or gone into liquidation. Also, over the years the geography of your town has changed. The old addresses of fifties that are on record with Indian companies are no more valid. All communication from Indian companies never gets delivered and is returned.

The investments happened in sectors as varied as Engineering, Railways, Banks, Coal, Jute, etc.

Our is to trace such companies and help the investors claim their rightful benefits in them. Where the shareholder is deceased, they facilitate the legal procedures in Indian courts to enable the legal heirs to claim succession to such assets.

We are constantly updating the database of unclaimed assets in India, held by people from across the globe – Britain, Europe, Nepal, Burma, Africa, etc., that are unclaimed. They have helped numerous families from India, Nepal, Burma, Ceylon, England etc in claiming shares & securities, bank accounts etc that they were entitled to claim. Believe it or not, some of the assets they have tracked down were as old as 80 years!

The shares continue to be in the names of the original shareholder; these investments must have happened atleast 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.

In order to contact me, please go to my website www.fundtracers.com and contact me through that site or write me a mail at fund.tracers@gmail.com for more information.

Some European families who are holding shares and stocks in Indian companies

May 31, 2008

Unclaimed shares belonging to European families in Indian Companies

Many European families are holding shares and stocks in India but the same have been unattended and unclaimed for many-many years. 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 themselves may be deceased and the family members may not have pursued the succession proceedings or found the legal procedures in India cumbersome; but the fact remains that these shares are unattended – the corporate benefits on them like dividends, bonuses are unclaimed for many many years.

Some of the names are Barreto Luis Norberto Sebastiao of Portugal, Charles Goldstein of Switzerland, Chritian Hover, E Holm Hansen, Michaela Hover, Sophus Rudinger, Vibeke Lund of Denmark, Evie Toyberg Frandzen from Sweden; there are many many more from Germany, France, Malta Etc.

The shares continue to be in their names; these investments must have happened atleast 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.

We can help you in claiming the shares if the shareholder is deceased and you are a legal heir. We can provide you with our services of tracing such 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

Many Nepalese people are holding shares and stocks in India

May 31, 2008

There are many Nepalese people and families who are holding shares and stocks in India but the same are unclaimed / unattended for many many years. 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; may be the shareholder is deceased and the shareholder may have forgotten to tell his/her family about such investments; or the families may be aware of such investments but they find the legal claim procedures in India too cumbersome. But the fact remains that these shares are unattended – the corporate benefits on them like dividends, bonuses are unclaimed for many many years.

Generally the investments in India were done by people from affluent families from Kathmandu – the main reason being the political & socio-economic set up in Nepal since mid 19th century to mid 20th century while Ranacracy prevailed. People related to the Rana families, senior officials in the administration, Gorkha army as well as Business people mainly held investments. Some of the names are Nrip Jung Rana, Achyut Raj Shreshtha, Bada Maharani Deela Kumari Devi (wife of Bhim Shumshere), Sri Raj Bahadur Chipalu, Purna Rajya Lakshmi, Narendra Singh Alay, Krishna Panta, Sarat Kumari Ghosh, Durga Rimal, Vishnu Chintaman, Kharidar Singh Man; there are many many more who still hold investments in Indian companies.

Nepalese investments in India started during the British times, prior to 1947. The British administration in India and the Nepalese administration had close relationship. The initial investors were people either in the armed forces or administrators, businessmen.

The shares continue to be in their names; these investments must have happened atleast 60 to 80 years back. It is quiet possible 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.

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 write at fund.tracers@gmail.com for more information.

Some British people who are holding shares and stocks in India

May 26, 2008

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 ?

March 22, 2008

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

Do you believe your family has/had any wealth in India and there is no trace of it?

February 2, 2008

I have done extensive research on unclaimed or unattended assets in India. These are owned primarily by persons of British origin and have been there since early Twentieth Century. Many of the owners may not be alive, and at the same time, the claimants may not even be aware that they have any entitlement in India.

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


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