The cost of our professional services is determined by the specific nature and complexity of the work required. As a result, it varies for each situation. However, we believe that discussing and mutually understanding your needs will help us ensure that pricing does not become an obstacle.
No, we do not require any advance payment. Our payment structure is solely based on a success fee model, where our fees are contingent upon achieving successful results. However, there are certain costs associated with our services that you will need to cover. These costs will be clearly specified in the “Terms of Engagement” agreement that you sign with us for our professional services.
No, we do not require you to sign a Power of Attorney. However, in order to effectively process, complete, and submit applications on behalf of shareholders, we do require the signing of a “Terms of Engagement” agreement. This agreement grants CMS the authority to represent shareholder applications with companies, transfer agencies, and registrars. It is important to note that we do not sign any documents that require a specimen signature, such as transmission forms, NECS forms, Demat forms, etc., on behalf of shareholders, even for foreign clients. Shareholders can review & verify the “Terms of Engagement” agreement from their respective lawyers or chartered Accountants with us before singing.
No, according to legal regulations, the shares will be divided equally among the legal heirs of your late brother.
Yes, it is possible to get the shares back. However, recovering lost shares can be a challenging process. CMS has identified these challenges and has lined up steps that can ease the retrieval of shares, such as collecting details from the company, filing an FIR, preparing legitimate and required documents, following up with the registrars, and submitting an application on your behalf, etc.
If dividends are not claimed for seven consecutive years, the shares as well as the dividends are transferred to the IEPF, an account of the Government of India. In such scenarios, CMS experts coordinate with the IEPF and the company to recover the shares. Additionally, guidelines are published on the IEPF website, which provide more information about the IEPF.