Infinysolutions

For the purpose of claiming shares and/or dividend money, an indemnity bond (original) must be executed on non-judicial stamp paper according to the format provided in Annexure I. The claiming process of IEPF totally depends on the indemnity bond. Thus, make sure you read this before claiming. Indemnity Bond: An overview An indemnity bond serves as insurance for the lender in the event that the borrower breaches the conditions and terms of the loan. It is mostly utilized in the loan and mortgage business. A stamp paper with a monetary value that varies from state to state is used to generate an indemnity bond. Particularly, it is written to meet one's demands and legal requirements and comes in a variety of forms. An indemnity bond is a promise made by someone signing a contract to cover losses in the event that the agreement is broken. This means that the lender will have every right to collect losses and damages resulting from a defaulting party if a person is required to fulfill

IEPF, which stands for Investor Education and Protection Fund, is mainly set up to protect the interests of investors. It also spreads awareness among investors about it by mentioning all the details on its website. Many times, people mistakenly fail to claim their shares which were transferred to IEPF by the Company, resulting in lost shares. And crores of such unclaimed funds take the shape of old equity shares, dividends, debentures, and more which pile up with IEPF. If your funds are also lying with IEPF, you must track them and claim your shares in IEPF as soon as possible. Speaking of  lost shares recovery , in this article, we will discuss the guidelines for recovering shares in IEPF. So,  let’s get started! Required Documents for lost share recovery from IEPF Claim form with claimant’s signature. Indemnity Bond claimant’s signature. Copy of Acknowledgement bearing SRN number duly attested by the claimant. Advance stamped receipt Aadhar Card PAN Card Original certificate of refu