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Some British people who are holding shares and stocks in India

by fundtracers @ 2008-07-22 - 10:21:27

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

You could say these shares in Indian companies may have been forgotten by the shareholders/ or their families; they may have forgotten to inform the companies of their change in address; the shareholder may have forgotten to tell his/her family about such investments; 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 Thomas Bertram Radley, William Stenhouse Scott, Sheila Rosemary Willox, Jack Frederick Haskell & Sonia Haskell, Frederick R Simmins; there are many many more.

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.

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


 
 

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

by fundtracers @ 2008-06-20 - 14:49:38

Unclaimed shares belonging to European families in Indian Companies

Some European families 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.

You could say these shares in Indian companies may have been forgotten by the shareholders/ or their families; they may have 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 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.

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 Nepalese people who are holding shares and stocks in India

by fundtracers @ 2008-06-20 - 14:49:10

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.

You could say these shares in Indian companies may have been forgotten by the shareholders/ or their families; they may have 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 were done by people from affluent families- 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 Bsiness 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, Rani Gamvir Kumari (wife of Judha Shumshere); 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 initial investors were people either in the armed forces or administrators, businessmen. The British administration in India and the Nepalese administration had close relationship.

The shares continue to be in their names; these investments must have happened atleast 60 to 80 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 to me at fund.tracers@gmail.com for more information.

Families in Sri Lanka may not be aware of some family fortunes lying invested in Indian companies

by fundtracers @ 2008-06-20 - 14:44:09

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 in India but the same are unclaimed. The dividends on such accounts have not been claimed for a long time.

You could say these shares in Indian companies may have been forgotten by the shareholders/ or their families; they may have 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.

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

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

by fundtracers @ 2008-06-20 - 14:42:34

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


 
 

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