The reclaiming process at IFFAS is best in the market and includes proven expertise of distinguished Lawyers/CAs/CS/Bankers with years of professional experience. Moreover, our highly skilled Case Managers are there to assist investors in every step of the claim process. Not to mention our strong connections with the Companies/RTAs/IEPF from where the invested money needs to be claimed.
Here is how it works –
01.Research Unclaimed Investments
We collect and evaluate unclaimed investments of investors that have ended up at Government Authority. It is rule for all companies to upload details of shares and dividends that have not been claimed by investors on a yearly basis.
02. Trace the Rightful Owner
After we identify unclaimed investments, we conduct extensive research on the entire portfolio of investments being held, after which we get in touch with rightful investors. Moreover, our experts also decide the retrieval cost, chances of counterclaims and estimated time it may be taken by the company/authorities to make the payment.
03. We Pay Up-Front Expenses
Once a rightful owner is identified and established and terms are agreed on how to help reclaim the unclaimed investments, our experts suggest the fees which include our risk, and the time and money invested in the process of recovery. There is no upfront fee and we take full responsibility for all costs, even if attempts to reclaim the investments prove unsuccessful which is very unlikely. Fees are paid by investors only after they get paid. Without successfully recovery of claimed amount there is no payment.
04. Our Terms of Engagement
The Recovery fees will depend on the complexity of the claim and it will be clearly cited in the Recovery Agreement. The fee is usually a percentage of the recovered funds.
