You are unable to claim your inheritance or recover unclaimed wealth? Legal assistance is right outside your door.
Get to know us
Our Ethos is to partner closely with the individuals and create a sustainable difference in the lives of people by carrying out our expertise in niche Financial and Advisory Services to get the best appropriate results and handhold from the initial processes till the end processes without deterring quality and mainting the trust reposed upon us.
Our team consists of dynamic Chartered Accountants (CA’s), Cost and Management(CMA’S), Company Secretaries (CS’s) and Lawyers who are passionate and resonate with the values of Transparency, Ethics, Quality.
About IEPF
The Investor Education and Protection Fund (IEPF) was established by the Ministry of Corporate Affairs (MCA) under Section 125(1) of the Companies Act, 2013. It serves as a government initiative to promote investor awareness, safeguard investor interests, and manage unclaimed dividends and other financial instruments held by companies.
As per Section 124(5) of the Companies Act, 2013, any dividend that remains unclaimed for seven consecutive years is required to be transferred to the IEPF. Furthermore, Section 124(6) mandates that all shares related to such unclaimed dividends must also be transferred to the IEPF after the same period.
At Luxe Ladder,
We have developed a strong expertise in navigating the IEPF’s procedures and have successfully assisted numerous investors in reclaiming their unclaimed dividends and shares. With just a few basic details and necessary documents from your end, we are well-equipped to facilitate the recovery process.
Although investors can initiate claims independently, the process can be time-consuming and complex. Minor errors in documentation or procedure can lead to significant delays or even claim rejections. Additionally, the process often requires coordination with registrars, companies, and the IEPF Authority.
Luxe Ladder simplifies this journey by handling end-to-end documentation, liaising with all involved parties, and representing your case before the IEPF Authority, if necessary—ensuring a smooth and efficient experience.
Our Services
Luxe Ladder specialises in the following Financial and Legal advisory services for the recovery of unclaimed investments in India and estate-cum-inheritance planning
Financial Planning
Understanding your current financial situation and requirements, Gathering and Reviewing Health checkup of your current financial situation through multiple analysis.
Recovery of Unclaimed Shares and Dividends
As per Companies Act 2013, any dividend & shares unclaimed in a company for seven consecutive years shall be transferred to the IEPF Authority.
Demat of Physical Shares
From writing letters or emails on your behalf to resolving legal concerns at every level to contacting the relevant corporate officials or authorities to dematerialize the legitimate shares, our expert team will assist and support you at every step.
Transmission of Shares
For the procedure to help the transmission of your shares, our team of professionals would help by Understanding your Family Tree and the inheritance laws governing the transfer of shares.
Legacy Planning
Legacy Planning ensures the management of your wealth during and beyond your lifetime and assists in planning your legacy to be passed on to your children.
Tax Planning
Professionals In our team understand and create dedicated tax-efficient transactional solutions which completely abide within the frameworks of law and also qualitatively ensure to maximum tax planning benefits.
Why Choose Us?
Professionals from world’s top universities
Team Of Qualified professionals - CA, CMA, CS & Lawyers
Max Recovery & Least Turnaround time
Transparency
30+ Years of Combined Experience
Customised
Experience
We have an extremely dedicated, honest and helpful team on board to handhold you at every step so as to get the right results for you. We are extemely passionate and leave no stone unturned to get the job done. Having Finance and Legal professionals on board help us to understand and holistically resolve the issues and provide solutions that are not only quick but are reliable, legally in place and robust from all 360 degree angles. You may also drop down to our offices or fix a meeting to understand our background and intellectual strength. We would love to have a conversation with you. We receive a percentage of the wealth that we help you recover in case of Recoveries.
We only get paid when you are paid.
Why Choose us?
Team Of Qualified professionals - CA, CMA, CS & Lawyers
Max Recovery & Least Turnaround time
30+ Years of Combined Experience
Professionals from world’s top universities
Transparency
Customised Experience
Successful Claims
Crores Of Recovery Advised
We carry out a lot of data analysis to churn out the best results possible.This also includes collating vast amounts of data that is available in the public domain, social media websites etc. Our analytics team filter out the information of relevant investors or their legal heirs entitled to claim the unclaimed investments. We have contacted you we believe that there might be investments which might have been lost, forgotten or unclaimed for several years and you maybe the rightful owner, legal heirs or next-of-kins.
Also, all your information is procured through public databases with no access to any private information/report pertaining to you or your family. Be rest assured that whatever information we have is secure with us. It has taken us time, effort, and money for us to locate you and inform you about your unclaimed investments. We would genuinely appreciate your business for our efforts.
We have an extremely dedicated, honest and helpful team on board to handhold you at every step so as to get the right results for you. We are extemely passionate and leave no stone unturned to get the job done. Having Finance and Legal professionals on board help us to understand and holistically resolve the issues and provide solutions that are not only quick but are reliable, legally in place and robust from all 360 degree angles. You may also drop down to our offices or fix a meeting to understand our background and intellectual strength. We would love to have a conversation with you. We receive a percentage of the wealth that we help you recover in case of Recoveries.
We only get paid when you are paid.
Turning Numbers into Trust
Successful Claims
Crores Of Recovery Advised
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FAQ
Most frequent questions and answers
People who had invested in the 80s, 90s or early 2000s used to have physical documents for all their investments. These would be in the form of share certificates, debenture certificates, FDs, National Savings Certificates, Kisan Vikas Patras etc. Due to long passage of time, people have lost/misplaced such physical records. Regular payments of redemption cheques, dividend warrants etc. are often “lost” due to old, outdated, inaccurate, or incomplete addresses. There are instances of name changes due to marriage, remarriage, or divorce etc. All these and many more circumstances lead to investments becoming unclaimed and moving to the Government due to certain laws and regulations.
Further, even in the case of shares held in dematerialised (demat) form, if the dividend on such shares remains unclaimed for seven consecutive years, not only the unpaid dividend but also the corresponding shares are mandatorily transferred to the Investor Education and Protection Fund (IEPF) as per the provisions of Section 124(6) of the Companies Act, 2013 and the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016.
- Equity shares
- Savings accounts
- Insurance benefits/policies
- Debentures
- UTI bonds
- Dividends
- NSCs/PPF
- Safety deposit box contents
- Mutual funds
- Bonds
It generally takes between 8-12 months to release the shares once a completed claim has been received by the IEPF Authority. It can take longer depending upon the complexity of the claim and the time taken to undertake updation of KYC, issue of duplicate certificates, obtaining Succession Certificate/Probate, and undertaking transmission, etc.
It is indeed possible to get your investments back if you are still the owner. Procedure for issue of duplicate certificates will have to be complied with that entails filing of FIR, newspaper advertisements, indemnity cum surety bonds etc.
Transmission of shares is a long and technical process. In order to get the transmission of shares done successfully, one needs the following:
- Details of legal heirs (relation proofs and KYC documents).
Death certificate of the deceased shareholder. - Original share certificates in case of physical shares or statement of demat account in case of shares held in demat account.
- In case there is no nominee in the shares affidavit from the legal heirs is required along with:
In case the value of shares in any one company is more than 5 lakhs either a succession certificate or a probate of will or letter of administration in favor of the legal heirs is required from the courts.
In case the value of shares in any one company is up to 5 lakhs NOCs from all legal heirs not objecting to such transmission in favor of the claimant is required. - The transmission process needs to be completed with the registrar/company, which includes submitting transmission forms, affidavits, etc.
- In case the shares have been transferred to the IEPF Authority, a claim needs to be filed with the IEPF Authority once the transmission process is completed in the company’s records.
IEPF stands for Investor Education and Protection Fund.
Set up by the Ministry of Corporate Affairs (MCA) under Section 125 (1) of the Companies Act 2013, the Investor Education and Protection Fund (IEPF) is a government body that was established by the central government to educate investors about their investments and protection of interests and to manage the unclaimed dividends and other securities of companies.
As per Section 124 (5) of the Companies Act 2013, any dividend that has been lying unclaimed for 7 consecutive years is bound to be transferred to the IEPF.
Also, as per Section 124 (6) of the Companies Act 2013, all shares in respect of which dividends have not been claimed for 7 or more consecutive years will also be transferred to the IEPF.
Contrary to the general belief that IEPF Form 5 is the first and only step to claiming your shares from the IEPF, filing IEPF Form 5 is in fact the last step to a successful IEPF claim. The following steps need to be followed before reaching the final stage of filing the IEPF Form 5:
- Get your KYC details updated in the company’s record like name, address, signature, bank details, and demat account details.
- Get an entitlement letter from the company after submitting the original share certificates or following the procedure of issuing duplicate shares in case the original shares are lost.
- Arrange all the documents in digital form to upload online while filing the IEPF Form 5.
File the IEPF Form 5 by registering online on the MCA website. - Take printouts of all the documents as per the IEPF Help Kit and sign all documents.
- Send all documents in hard copy to the Nodal Officer of the company.
Our Offices
- Office No 9 and 10, A Tower, Sagar Complex, Kasarwadi, Pune- 411034
- Flat No. 17, Plot No. 92, Aishwarya Apt, Rambaug Colony, Near Shivray School, Paud Road Pune 38
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