India’s stock markets are experiencing an increase in broker defaults. There have been numerous instances where distressed stock brokers who have lost heavily, usually in the derivative segment, have even sold client collateral to satisfy their obligations to the clearing corporation. Upon sale of client shares, the proceeds are not returned to the ultimate beneficiary. … Continue reading Lost Shares with Defaulted Brokers and How Rurash Financials can help in the Recovery or Transmission of Shares.
Shares were once stored in physical form prior to the advent of the Internet i.e. paper certificates. Every time a share is issued or traded, a physical share certificate must be issued or transferred. There was no doubt that this was a monumental and tedious task. It was before 1996 that physical paperwork was used.… Continue reading How to Recover your Forgotten Investments? Physical to Demat Conversion Services
The introduction of Demat in 1996 by the Securities and Exchange Board of India (SEBI) has revolutionized the Indian capital markets. Before this, investments and trading activities took place by transferring physical certificates of securities in the ring at BSE Nowadays, it is mandatory to have a demat account to invest or trade in the… Continue reading Tax Implications for Dematerialization of Shares & Why now is the time for physical to demat conversion
Do you hold physical share certificates? Are you struggling with the IEPF recovery claims? Looking for ownership transfer for your physical share certificates as a legacy? Well, with the fintech trends catching up the ease of investing has transformed too. We no longer have to hold on to a physical paper to prove our ownership.… Continue reading Possible Problems and Solutions in Converting Physical Share Certificates to Demat form?