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Showing posts from November, 2021

Duplicate Share Certificate: What They Are, How To Deal With Them, and Why It's Important!

  It's a common practice at many companies to create duplicate share certificates . This practice can be very helpful in case there is a need to sell shares. This blog will outline what a duplicate share certificate is and why these should be issued. It will also outline how these certificates should be issued and issued correctly. What they are: As an entrepreneur, you'll eventually need to work with investors at some point in your business's lifespan.  When it comes time to do so, make sure their interests are protected by issuing them with the appropriate legal documentation, like share certificates (also known as stock certificates or shareholdings). This document has historical value and serves as proof of ownership for your company's shares. A shareholder can demonstrate financial responsibility to lenders, investors, and potential partners by providing legally sanctioned documentation of their stake in the business. Shareholders who themselves or whose certifica

Benefits of having an IEPF account

  Everybody knows that if he/she has any investment in the company, he/she will get dividends on the shares. We all know dividend is not constant or even interest. Sometimes, it can be very less than expected, but some company's dividend may be huge than expected. It depends on the company's performance. But, what happens if you have invested in a company and some company has gone to IEPF authority (due to insolvency & Bankruptcy), then how to claim that dividend? Let's dive in! The Investor Education and Protection Fund Authority, a branch of India's Ministry of Corporate Affairs, announced an update to the framework related to the due dividends of investors and depositors which were carried over and transferred. Investors who are now able to reclaim their due payment will most likely benefit from having financial security in place related to any unpaid declared profits through no fault of their own. In the event you are an investor or depositor, you might have is