RECOVERY OF UNCLAIMED SHARES
Our Forte is to recover wealth in the form of Shares and Dividends lying unclaimed due to the long passage of time while these were issued as physical certificates. Millions of stock market investors have put in their hard-earned money in shares in the last many decades and have either forgotten about such investments or they are lost. GLC Wealth provides comprehensive expertise in recovering such shares in digitized form in your demat accounts from the Companies without the hassle of collating and safeguarding physical certificates. Know more..
IEPF CLAIMS AND REFUNDS
More than 117 crore shares have been transferred to the IEPF Authority of the Government of India worth more than 50000 crores. This has happened pursuant to a change in the Companies Act 2013 whereby any investor who has not claimed his dividends for a period of 7 years continuously, the underlying shares have been transferred to the IEPF. GLC Wealth through it’s platform www.iepfclaim.in has been a pioneer in recovering multiple CRORES worth of shares from the IEPFA. Dealing with the bureaucracy isn’t easy in India but our widely renowned professionals have resolved IEPF Claims in even the utmost technical scenarios. Know more..
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TRACING UNCLAIMED INVESTMENTS
GLC Wealth is an expert in tracing and locating financial investments like shares for investors across the globe who had at any time put money in Indian financial instruments. Our data analytics team comprises leading minds having access to in-depth data from public and other sources which are then analyzed to figure out what investments belong to a certain investor or their ancestors. The investors might be unaware of such investments due to frequent changes of addresses, sudden demise in the family, etc. thereby leading to loss of the shares. Know more..
DEMAT OF PHYSICAL SHARES
SEBI – the regulatory authority governing stock markets in India has barred the transfer of physical shares in turn making them illiquid. Demat of physical share certificates is paramount to the sale or purchase of shares in India. A demat account is like a bank account for your shares which contains shares in digitized format reflecting the number of shares. Also, it offers the sale or purchase of shares in a click rather than preparing multiple documents and signing transfer deeds which are prone to misuse or getting lost. GLC Wealth has tie-ups with leading Banks and Broking houses to open a Demat Account anywhere in the Globe with minimum hassle. Know more..
TRANSMISSION OF SHARES
The passing of investments from a deceased to the legal heirs is governed by various laws such as the Hindu Succession Act, Indian Succession Act, etc. If a person dies after leaving a Will, it is termed as Testate Succession. However, if a person passes away without leaving a Will, it is called intestate succession. GLC Wealth offers expert legal services for both scenarios. Legal heirs have to approach the Courts to obtain a Probate of Will depending on the jurisdiction the Will has been executed and also according to the jurisdiction where the immovable assets are located. Whereas a Succession Certificate has to be obtained from the jurisdiction where the deceased had his fixed place of residence. Know more..
LEGAL SUPPORT SERVICES
GLC Wealth provides a plethora of legal support services like Arbitration, Dispute Resolution, and SEBI/SAT/NCLT litigation. We have a full-service legal team from our partner firm Garg Law Chambers, Attorneys & Advocates which has a presence across India to undertake Probate/Succession cases to enable transmission of the investments in favour of legal heirs. Our conveyancing team offering documentation services for the sale/purchase of properties is one of the best in Delhi NCR.
Estate planning is the process of planning and streamlining your financial affairs to enable the smooth succession of your movable and immovable assets. Estate planning services offered by GLC Wealth ensure the management of your estate during and beyond your lifetime and assist in planning your legacy to be passed on to your children. We have an expert and dedicated in-house team to help our valued clients form a structure to articulate and implement their vision for succession and continuity of the family wealth during their lifetime. Our experience in assisting many families over decades gives us an edge to visualize the specific needs of each client’s family. Our services entail drafting important documents like Wills, POAs, Gift deeds, Deeds of Transmission, Family Arrangements, Trust Deeds, etc.
Our team at GLC Wealth offers a convenient and hassle-free way of reclaiming old unclaimed investments of NRIs/Foreign citizens in the Indian Capital Markets, Indian Mutual Funds Schemes, and other government securities. We guide our NRI clients at every step of the reclamation process including obtaining PAN cards, NRE/NRO bank accounts, Demat accounts, etc. so that they have all adequate documents to comply with government requirements for claiming such unclaimed investments. We also provide expert advice on taxation and FEMA/RBI compliances to enable NRIs to repatriate their money with adherence to Indian laws. Know more..