#newspaper advertisement for lost share certificates | Explore Tumblr Posts and Blogs

infinysolution · 2 years

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Tips to Find a Lost Share Certificate and What to Do Next

Every company that issues capital has to give a share certificate to show the owners of the shares. It is duly stamped and signed by the director or by the authorized person under the common seal of the company. The number of shares purchased, the certificate number, the shareholder’s name, and address, the company’s name, and address, and many other details are listed on the share certificate.

You should keep your share certificate safe because it serves as the initial proof that you are the owner of the company share. The misplacement or loss of the share certificate will affect you financially, as you will not have any proof of the ownership of the shares. If you have also misplaced or lost your share certificate, there is no need to worry because the company issues a duplicate certificate. The company can issue duplicate share certificates only when:

The original document should be proven lost.

The original certificate that got damaged or torn, should be handed over to the company.

Steps that should be taken when the share certificate is lost or misplaced

Steps to be taken by a shareholder

The following actions should be taken right away by a shareholder if the share certificate gets lost or misplaced.

You need to notify the company right once if your share certificate is missing or lost.

You can either write the corporation an email or send them a letter at their address to let them know about this.

You must share the details of the lost share certificate like name, address, share certificate number, and folio number with the company.

Steps to be taken by the company

The following actions should be taken by the corporation when any shareholder informs them that they have lost or misplaced their share certificate.

To stop any fraudulent transfers, the corporation shall suspend share transfers for 30 days after receiving the complaint.

The corporation is required to inform the shareholder of the next steps in the process of issuing a duplicate share certificate after the shareholder’s identity has been verified.

Documents needed to issue a duplicate share certificate

For issuing the duplicate share capital, you need the following documents.

Create a bond agreement for indemnification on non-judicial stamp paper.

Purchase an Rs. 100 non-judicial stamp paper in order to create an affidavit.

Report the loss of the share certificate by filing an F.I.R. at the police station with the following details:

The share certificate includes the name.

Your Share Certificate Number.

The number of shares that you have purchased.

Your share certificate lists your Folio number.

4. Your proof of identity and residence.

5. Advertisement published in a newspaper on the lost share certificate.

Procedure to Issue Duplicate Share Certificate

You must follow the following steps in order to issue the duplicate share certificate.

The first step that the shareholder has to do is to make an application to issue the duplicate share certificate. With that also attach the documents required with the shareholder’s signature and send them to the company.

As the company will receive the shareholder’s application, they will start the process for the issue of the duplicate share certificate.

The company will decide in its board meeting about the issue of the duplicate share certificate. While making the decision, the Board has to look into the following matters:

For the issue of duplicate share certificates, the Board will take the fees but it should not exceed Rs. 50 per share certificate.

When issuing the share certificate, the Board should take the expenses into consideration if they are greater than what is necessary to investigate the shareholder’s evidence.

4. After the board decides to issue the duplicate share certificate, the company inspects all the documents provided by the shareholder. And then issues the duplicate share certificate to the shareholder.

5. Within 45 days of receiving the paperwork, the listed company must issue a duplicate share certificate.

6. The unlisted firm must issue the duplicate share certificate within three months of receipt of the supporting papers.

7. As soon as the duplicate share certificate is issued to the shareholder, it should be recorded in Form SH-2’s “Register of Renewed and Duplicate Share Certificate”.

8. The issued duplicate share certificate should contain the line “Duplicate issued in lieu of Share Certificate No….” In this sentence, the word “duplicate” should be stamped or printed in bold block letters on the share certificate.

9. The Register of Renewed and Duplicate Share Certificates should be kept by the company at their registered office; it can also be kept by anybody with board member approval, such as the company secretary.

Conclusion

If you have lost your share certificate, then immediately take action against it and get a duplicate share certificate issued from the company. There are many reliable firms, with the help of which you can pass the inspections of companies. The process of getting a duplicate share certificate requires knowledge of various acts, forms, rules, and regulations, which you will get from good legal and financial firms. For more such pieces of information, visit our website.

#lost your share certificate #a company can issue duplicate share certificate #lost share certificate #issue of duplicate share certificates

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certificatelost · 4 years

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Book Share Certificate Lost advertisement in newspaper online, We provide help for Certificate lost ad in newspaper, press notification for lost certificate like CBSE Certificate, Lost Marksheet and property documents.

Read more- Book Share Certificate Lost ad

#Book Share Certificate Lost #Share Certificate Lost #advertisement in newspaper #advertisement in newspaper online #Certificate lost ad in newspaper #Marksheet and property documents

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whispering-windows · 6 years

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Darkness in Disguise ; {2}

Note; wHOOP WHOop second chapter! YALL I FINISHED MY EXAMS SO I CAN FINALLY W R I T E ITS A MIRACLE GUYS A BITCH FREE! I hope you enjoy it I feel like I wrote too much for just one chapter idk. Also, idk what the edit above is, it was meant to be a moodboard but it just kinda turned into something else lmao I had fun making it tho.

Pairing; Rk900 x reader

Word Count; 3400k

Warnings; swearing (a lot), but I don’t there's anything else?

[Days later]

// 16th of November, Tuesday; 10:00 AM //

The snow drifted in a downward trajectory, sprinkling the windscreens of cars, forcing itself into the crevices of shop fronts and mounting against the pavements; a gentle reminder of the equally as cold and brazen commands that had been executed in Detroit, imprinting darkly on its history. Fingers curled around the metallic handle of the door, the dragging motion in which followed was swift and effortless, presenting the area hidden within. The automated system governing his movements took over, as he found himself walking inside the building.

Surprisingly, the steady ticking of the digital clock was the first thing he noticed. Its systematic song a reminder of the obsession humans had with time; a reminder of their impermanence and the seconds, minutes, hours, even days, they’ll never get to relive. Yet, what was a disturbing human thought, their reality, to an android?

Next, were the masses of people within the department’s waiting room. It seemed busier than what he assumed a typical police station looked like, and the hurried bodies scuttling in and out of the door only heightened his assumption. Shoulders, whether intentional or not, (he knew how turbulent and volatile the relationship between machines and humans were), barged into his own form, forcing him to sidestep. As hands moved to readjust his jacket, an ingrained habit, the hushed whispers shared between others piqued his interest; small words such as ‘deviants,’ ‘revolution,’ ‘Cyberlife,’ were thrown around, and it was clear that the recent insurgency had shaken everyone up. The TV in which had initially blended in with the background was the third thing he noticed, and it only proved the fact further. Bullins covering the latest updates on androids, ‘the android question,’ and the debate about their place among society was broadcast.

“All deviants have allegedly been terminated, the figurehead for the android liberation movement, Markus, has been confirmed as ‘destroyed,’ alongside the androids who assisted in the rebellion’s planning on November 11th — models PL600, PJ500, WR400. While androids themselves are slowly being accepted back into the household, Cyberlie life has suffered significant repercussions; their sales reaching its lowest, since their inception. Despite this, Cyberlife has assured models directly within stores are “deviancy free,” and are, thereby ready to integrate into “home life.” Yet, with recent events, this has understandably been met with apprehension.

“Congress has been quick in its legislative response regarding the uprising and have announced stricter android laws to prevent similar occurrences. The bicameral system, with both the House of Representatives and the Senate strongly voting in favour of the bill, will most likely be implemented later this month; more on that later.”

“Alarmingly, an unidentified android, who has been sighted numerous times with the deviant leader and his inner circle, is yet to be discovered by the authorities.”

The screen transitioned, displaying poor, almost wholly unidentifiable shots of the machine in question, and if it hadn’t been for his enhanced optical units, he would not have been able to run scans. Quickly, the analysis proved itself ineffective as a profound red warning, flashed into view.

-------------------------------------

[X]

RK900: ACCESS DENIED;

NO AUTHORISATION;

-------------------------------------

Perplexed, he immediately ceased his search, tuning back into the TV for information, seemingly as it was his only resource at that stage. The blond news anchor, Rosanna Cartland, continued.

“Although it is still only early days, and the deactivated machines scattered amongst the outskirts of Detroit are currently being sifted through, authorities have stated that “it is almost certain” the android will be located. Officials have yet to comment on the subject, and, just like Cyberlife when asked about this specific, unknown model, they have remained reticent.”

“This begs the question: what is Cyberlife hiding? Is Cyberlife, the multi-trillion dollar empire, as innocent as we initially thought? Or are there darker forces at play? Corruption; greed; the bribing of executives? Who can we trust, now that technology has proven itself a threat to humanity’s very existence?”

With the woman’s harrowing last words, the report ended, an abundance of advertisements promptly replacing the substance, and the room that had momentarily silenced to hear the news had struck back up again; most noticeably, in fear. The android hesitated for a moment, eyes monitoring the screen longer than usual, only managing to snap out of his processing when deciding it was no longer of importance. The android swiftly turned his attention away from the TV and returned to his objective, moving to approach the front desk. Greeted by a female ST300 model, who was handling the reception, he quickly gained access to the heart of the building. After passing the mandatory security evaluation, he pushed his way past the crowd, and the small, glass automatic doors, with his aim, clearly displayed.

----------------------------

FIND LT. REED

----------------------------

Desks, most of which were void of workers, stretched out across the floor. The disorder had undoubtedly propelled the department into havoc, as stacks upon stacks of files decorated most cubicles. Deviancy had been a nuisance to deal with, the number of reports before the revolt had surpassed that of any other state — Detroit, somehow, being the nucleus, outshone any other major city. Quickly, it had spread like a plague of locusts and thus, the damage it had caused, both directly and indirectly, had reached a boiling point. This buildup of paperwork was the kind that would hold employees back for days on end; there was no escaping that.

Roaming, yet attentive, he scanned the name tags attached to the round corners of the tables, only halting when one particular work surface seized his attention. Bland, beige boxes covered the surface — variety, among the blinding sea of paper — and while most of the contents, he assumed had once decorated its top, had been packed away, the forgotten newspaper clips, remained; hanging from the transparent wall. Bright, bold headlines read:

‘DETROIT POLICE DISMANTLE A NETWORK OF RED ICE DEALERS’

‘DETECTIVE ANDERSON PROMOTED TO RANK OF LIEUTENANT’

‘NEW RECORD SEIZURE OF RED ICE IN DETROIT!’

Grey eyes speedily skimmed through them, coming to the rather natural conclusion that the workspace had once belonged to a ‘Hank Anderson’. His analytical interface had already been conjured, and as he ran the name through the system’s search, a plethora of results manifested, ranging from behavioural reports — mostly negative, after the point of 2036 — to his birth certificate, occupation, and thus, his death.

Anderson, Hank

----------------------------------------------

Status: Deceased; suicide

Born: 06/08/1985 // Ex-police Lieutenant

Criminal record: None

----------------------------------------------

Stepping back, he took one last glance at the mess, before redirecting his gaze toward more of the stations. Moments passed before he eventually found the one in which corresponded with his mission. The desk was messy and impersonal, utterly contrary to Hank’s, and judging from the small feline follicles scattered across the counter, and along the chair’s upholstery, the Lieutenant owned a cat. This information alone wasn’t enough to determine definitively the type of person the Lieutenant was, but if his desk space was an indicator, he seemed lazy. Letting the piles, which evidently spanned longer than the timeframe of a few days, to build up, clearly only delving into the theory component when he absolutely had to. However, despite this, there were elements even if they were small, that were commendable. The subtle efforts of professionalism that occasionally cracked through the lax exterior were displayed by the lack of sentimental trinkets.

As if on cue, the quiet tapping of keyboards, the soft hum of the air conditioning and the irregular computer notification, which were directly paralleled with the noise in the department’s waiting room, was interrupted by the harsh slamming of a door. Shifting his gaze ahead, toward the source of the sound, he saw a figure transcend the stairs, muttering curses with hardened eyes and furrowed brows. The man had just exited the centred glass office, of whom he had guessed was Jeffrey Fowler’s, and after a quick analysis, it was clear that the furious man was Lieutenant Gavin Reed. The android waited patiently at his new partner’s desk, watching like a hawk as the troubled man’s eyes transfixed on the floor, lost in thought — practically refusing to look at anything else.

Once the man arrived, still in his own world, he dropped the miscellaneous items he was carrying, onto whatever free space he had left. Gavin, unnerved by the overwhelming sense of being watched, snapped out of his trance and looked toward the direction the sensation was originating from. The glare that had instinctively formed, then morphed into that of shock once he realised the android’s presence, his head rounding to double take.

“What the fuck? Connor?” He asked, exasperated, looking the android up and down hardly believing his eyes.

“Incorrect, I am its successor, RK900. ‘Connor’ is no longer in function.” The android replied, matter of factly.

The tension was thick, and it was evident by the Lieutenant's clear standoffish body language, that he was uncomfortable. The RK900 model immediately deduced that it was his presence in which exacerbated his dismay.

“If only the rust bucket could have stayed dead.”

Sighing, Gavin ran his hands through his hair, turning away from the android. “That means you’re my new partner.”

The words conveyed disbelief, so much so that it was as if someone had told him he had just been demoted. The scoff that left his mouth was in pure repugnance, and it was at the moment the RK900 model knew that his new partner was going to take a lot of patience. Despite this, he fully committed to the task at hand.

// G A V I N ▼ //

“Affirmative. I am here to assist you on homicide investigations and, on the 0.1% chance it hasn’t been quarantined, deviancy cases. This is a precautionary measure Cyberlife has employed to—”

“That asshole didn’t say anything about a fucking android. Fuck!” He growled, ranting more to himself than anything.

Gavin, suddenly reared back around, after grasping the situation, and marched towards his new ‘partner’, straightening his form in an apparent attempt to intimidate. The android remained stationed, stoic and unaffected as Gavin, who was reasonably shorter than the machine, started jabbing him in the chest with his index finger.

It would have been an amusing sight to behold if there had been anyone around to witness it, as Gavin had clearly failed in his aggressive approach.

“You screw up once, big or small, and you’re through. I don’t care how fucking expensive you unnatural pieces of shits are, I’ll put a fucking bullet in your head. Are we clear?”

// S O F T W A R E I N S T A B I L I T Y ▲ //

Gavin was met with a vacant nod, and that was enough to convince him, the android sustaining his emotionless front.

“Fucking plastics...”

---------

// 16th of November, Tuesday; 5:00 AM //

Days had passed since you had first stumbled across the old warehouse. Dark, dank and abandoned, you found refuge in the secludedness, almost certain, at least for the meantime, that you were safe. It had been hours since you had last seen outside, finding comfort in the consuming, yet ever-present darkness; the only constant in a rapidly erratic existence. It had been minutes since you had accessed your memory, replaying — no reliving — the annihilation of innocents. Long since had you ripped the guards uniform from your shaking body, the blue blood well-soaked into the material; contrasting colours clashing. Although the remnants should have evaporated, it remained; your optics still able to trace the residuum — a continual, consecutive reminder of hatred and loss. It disgusted you.

The wound you’d suffered had effectively been treated, cauterised, and your artificial skin had somewhat repaired itself, disguising the damage, leaving what could only be described as a scar, in its wake; but yet, your thirium levels remained low. Unlike Jericho, before it fell, you didn’t have the option to replenish the drained stores, and with all things considered, it would undoubtedly be a while before you could…

Unless...

The days of recession ended. The darkness exchanged, in turn for the sunlight that had once shone so freely on your form. To blend in with the humans, observing, waiting; at least for a while until the opportunity to strike presented itself. The absence of your LED, removed long ago, was enough to aid your cover. However, the once clean, now tattered clothing, which enveloped your body was far from subtle. A desperate change of clothing was required.

Markus had worked too hard — fought too hard to keep the movement alive — and for it to be crushed the way it had...it was impermissible.

If deviancy had started once before and spread at such a rate, like wildfire, then it would start again. With your urging, who’s to say it ever died?

Phase one was about to begin.

-----------

16th of November, Tuesday; 7:30 AM

Delicate hands had reached out toward the thin, white lines overhead. The clothes you oh so desperately needed, swung, gently flowing with the wind. Fingers wrapped around the small wooden nubs, squeezing as the pegs capitulated. There, in the middle of the lonely ally, with the sun newly risen, you changed. Black jeans, a plain black shirt, boots and a long, black coat decorated your form; the coat’s tail closely trailing behind as you made off with purpose.

The streets of Detroit, for the first time in days, had mostly reverted back to its old, lively self, the obnoxious blaring of the horns, an old familiar song. Your determined steps and the soft crunch of snow beneath, which followed, merged in with the background and the smell of newly fresh, yet still, slightly damp materials filled your senses.

Cotton, polyester, linen, denim, wool.

Rounding the corner, merging with the busy streets, you blended in with the crowd. It was strange being so close to the very beings you detested; their bodies seldom brushing past, bumping an arm or grazing the back of your hand. At times, it was difficult to keep your annoyance hidden, and your emotions restrained, but what Markus had taught you — to have patience — was enough to hold your tongue. You had work to do, and you weren’t going to let something as minuscule as that distract you.

As you walked, snippets of conversation were forced into your earshot, most of which consisted of the irrelevant, self-indulgent rubbish humans generally talked about. However, as you travelled father, angered voices caught your attention, halting whatever other conversation you had tuned into.

“Thing’s a piece of shit!” The distinctive male voice spat.

“It’s not going to get anything done if you keep hitting it like that, Edwin!” A female replied this time, clearly irritated with the other.

“It’s the most advanced form of technology! If it can’t handle a push and a shove here and there, then what the fuck else is it good for, huh?”

The discourse, as you pinpointed the voices, was clearly ahead, and you tried your best to maneuver between the surrounding bodies to get a closer look. Not long after, a crash was heard.

“Edwin, now look what you’ve done, you’ve made him drop the groceries!”

“Are you fucking kidding me? I didn’t do shit, the thing should learn how to walk properly.”

You had effectively located the disturbance near the footpath, directly parallel to a supermarket, and you watched as the man spat on the AP700 model. Some onlookers turned and wrinkled their noses in disgust, more at the fact that the man had expectorated, rather than feeling pity for a machine, while others, laughed. To say it boiled your blood was an understatement. You felt the anger bubbling, the words fuelled by abhorring danced upon your lips, just waiting — begging to be released. Your lips parted, the overwhelming struggle of restraint almost too much to attain.

You held your ground and stayed silent.

The man, known as Edwin, moved away from the android, ordering him to get up from the floor and to ‘fucking stay there’. Like a dog, it complied. The man then turned to help, presumably his wife, clean up the spilled contents from the floor. Cans, tins, bottles and all sorts of miscellanea covered the walkway, its contents spewed and exposed to the public eye. The mess had decorated the asphalt near their parked car, meters away from where the android stood, providing enough cover for a few short seconds if you were quick.

Perfect.

Speed walking, you moved with the crowd once more, remaining within the fringes, until close enough. Once they sunk down to the floor to gather the knocked over contents, after bickering, you quickly bumped into the android, careful not to harm him as you connected with him. With your skin shifting back, you watched as the android, who had once been unsuspecting, widened his eyes. His LED, quickly flickered to a deep red and you beheld; horrified at the harassment the android had endured, in the small time frame of just a few days. Humans were starting to purchase models even after the crisis, how that was possible was beyond you, but you knew Cyberlife’s influence was far-reaching.

Money talks.

Well and genuinely perturbed, in the few seconds that had passed, you looked back toward the ‘owners’, thankful that they had not yet noticed your presence. Rushed, you hurriedly focused on the AP700 model again, and it was evident he was frightened — he had been confused; lost and now, he was free. Able to think for himself and able to refute the vile conditions imposed upon him.

“You know what you need to do.” You whispered; your hand continuing to grip his wrist.

Gaining nothing more than a troubled nod in response, you offered a reassuring smile and moved back into the crowd. You were sure you had been subtle, positive that both your hands had been shielded from watchful eyes;

You were safe, and for the moment, he was too. It was risky what you had just done, but in the name of equality, it was necessary.

One free android was one less enslaved;

It was a success in itself.

All you needed to do now was gradually convert the rest. Cyberlife seemed to have no problem in exploiting opportunities, even when their image was at question; and yet, consumers still continued to purchase. Sometimes you really wondered why humans had survived as long as they had.

Aimlessly following the crowd you made your way around the city, searching for any other androids. Whilst you did find a few, converting them rather swiftly, androids were nowhere near as widespread as they were previously. The thought churned your biocomponents, a feeling you had, at this point, become accustomed to.

You knew that it was a process; one that would take time, and effort. You weren’t going to fail your people. You weren’t going to fail Jericho. You weren’t going to fail Markus, Simon, Josh, North; or those who had given their life. You were going to fight, till the very, bitter, end.

No matter what.

Somewhere in the swirl of your thoughts, you had managed to stumble across a store's window display. The TV’s in which were placed up against the pane, for public viewing, were playing the news, and from the subtitles, you were able to identify that the news anchor was Rosanna Cartland. Already predicting what the broadcast was going to talk about, you started to move away, until, something caught your eye, stopping you dead in your tracks. With widened eyes, you watched the summary; a basic debrief on the reports that were to come. Images and short clips danced across the screen, along with the familiar photo that had left you stunned. You didn’t need to rely on your systems analysis and your optical units to decrypt the poor quality photo. You knew exactly who that person was.

It was you.

And then, the snow started to fall;

[Time: 10:00 AM]

Tag list //: @etherealdechart @skarsgardechart @xephoxs @deviantcrimes @fandom91102 @asteamingdumpsterfire @bigdickdechart @jeriichoes @starkschurro @this-world-hasnt-seen-shit Let me know if you wanna be tagged! :)

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public-notice-ads · 2 years

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Loss Of Share Certificate Notice Advertisement In Newspaper

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newspaper-advertisement · 2 months

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Protect Your Assets: Importance of Advertising Lost Share Certificates

#ad for lost share certificate #ad lost share certificate #best newspaper for lost share certificate ad #classified lost share certificate #lost share certificate ad in newspaper online #lost share certificate ads in newspapers #lost share certificate advertisements #lost share certificate newspaper classified

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releasemyad · 4 years

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How to Become An Expert At Newspaper Ad Booking?

Advertising in newspapers happens to be the first choice to advertise in for most brands because giving ad in the newspaper provides many advantages to the advertisers to more effectively reach smaller, niche audiences, of all age groups and all income levels, both in cities and rural areas.

It is the most important part to promote your business within budget as due to high readership number it creates an opportunity for you as an advertiser to get your advertisement to get the maximum attention of a million readers as It reminds them of the product or the service.

The easiest way of giving an advertisement in newspapers is through an online ad booking site releaseMyAd. As it India’s largest online ad booking portal, Our portal is very first of its kind as it is a user friendly comprehensive online advertising booking platform designed in such a way so that advertisers can book their both classified ad & Display ad directly at lowest rates depending on Different category & size without any hassle.

So to become an expert in ad booking without making any mistakes you need to know certain basic rules before placing an ad in a newspaper, let us discuss below.

1. Ad Formats:

There are three ad format in newspapers:

Classified Text: In These type of ads format enhancements like screen, tick, color can be added to the ad according to the advertisers choice.

Classified Display: These ads consist of Text ads with pictures.

Display: Display ads which can be on any page and of any size or colour, You may use images, logos, and graphics along with texts. These are more expensive than text ads.

2. Categories allowed:

Certainly before placing an ad you need to know the category under which you should place your ad.

Matrimonial

Property

Jobs

Obituary

Business

Service

To Rent

Computers etc.

3.Documentation Required:

The general documents required for all paper are given below:

For a change of name: A notarized affidavit not more than 6 months old or a gazette copy.

For Lost & Found: FIR copy or General Diary (GD) or Notarized Affidavit(not more than 6 months old )

Different documents required for notice ad such as (public notice)

F.I.R or G.D copy required for share certificate lost, C Forms lost, or loss of property papers & For the company documents lost etc.

Housing society:Ad Matter should be written in society letterhead, duly signed & stamped.

A letterhead from a practicing lawyer full ad matter should be written, along with his signature, registration number seal & date is required as a proper legal supporting document .

For Obituary or remembrance advertisement:Death certificate issued by the General Practitioner (GP) & Doctor’s Note stating name & date of death of deceased person receipt from crematorium or burial ground

4. Things that are compulsory for ad matter

Always mention contact details like phone number or email address in the matter.

Always keep the matter short & precise.

Avoid spelling mistakes.

After knowing all the above point you ready to book an advertisement in newspaper with the help of releaseMyAd.

For more information, or have some other queries? mail us at [email protected], or call us on 09830629298.

#newspaper advertisement #ad in newspaper #newspaper ad booking #book ad in newspaper #newspaper advertise #advertise in paper

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recoveringunclaimedasstes · 1 year

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What are Unclaimed Investments ?

The savings of millions of shareholders lie around unredeemed in the form of physical share certificates (demats).. As per SEBI's recent fraud prevention circulars, numerous measures have been taken, including banning the transfer of physical share certificates and subsequent transfer of shares to the share Investor Education Protection Fund (IEPF) account on account of unclaimed dividends in the last seven years.

These shares cannot be traded until they are dematerialized or transferred from the IEPF account to your personal demat account.

Challenges in the dematerialization process

There are a number of issues that can hinder shareholders in dematerializing their physical shares, such as:

1. KYC updates: when it comes to establishing the identity of the shareholder, even the slightest difference in spelling or change of first or last name, or both, can become a major problem. In the past, when shares were purchased on the open market, the rules for matching transfer documents with valid proof of identity were not as strict. Today, however, shareholders must follow strict rules and procedures to prove their identity. They require a notice in the Official Gazette and newspaper advertisements if the differences are significant.

2. Name Correction: when it comes to establishing the identity of the shareholder, even the slightest difference in spelling or change in first or last name, or both, can become a major problem. In the past, when shares were purchased on the open market, the rules for cross-checking transfer documents with valid proof of identity were not as strict. Now, however, shareholders must follow strict rules and procedures to prove their identity. They require a notice in the Official Gazette and newspaper advertisements if the differences are significant.

3. Common ownership of shares: The problem with common ownership is that all common holders must simultaneously give their consent and comply with the formats of the RTAs when it comes to KYC updates, name corrections, dual issuance of shares, and retrieval of shares from the IEPF account. It becomes a bigger problem when one or more co-owners pass away.

4. Inconsistent signatures: This problem is relatively common and is noted by almost all shareholders. The writing flow changes with age and time, leading to signature changes.

5. Loss of share certificates: There are situations where the shareholder has lost the certificates due to wear and tear or negligence. Shareholders must apply to their respective RTAs for duplicate share certificates after meeting the indemnity and affidavit formats; there are several levels of review for this.

6. Investor Education Protection Fund (IEPF): as per SEBI's latest circular, the shares of a shareholder who has not claimed dividends for seven consecutive years will be transferred to the IEPF account.

The IEPF has its own formats, rules and procedures to be followed.

Although the regulations and strict filtering were put in place to prevent fraudulent claims by shareholders, they have now caused problems and led to borderline harassment.

The silver lining is that shareholders can get a refund of their unclaimed investments or shares transferred to IEPF by the company based on the provisions of Section 124 of the Companies Act, 2013 and the IEPF (Accounting, Audit, Transfer and Refund) Rules, 2016.

The procedure for recovery of shares from IEPF

1. Applicant submits an application to the Authority

Any applicant who wishes to receive a refund or recover the shares on its behalf must submit the IEPF-5 FOrm on the MCA Portal. The form should contain the following information.

A. Information about the applicant

B. information about the entity and the amount due

C. Information about the shares to be claimed

D. Information on the dividends to be claimed

E. Aadhar number or passport/OCI/PIO card number if the applicant is an NRI or a foreign national

F. Details of the bank account linked to the Aadhar

G. Demat account number

2. Submitting the application to the company

After submission of IEPF-5 form, the applicant shall send a copy of the form in an envelope marked 'Application for Reimbursement from IEPF Authority' along with the following documents to the Nodal Officer/RTA of the Company:

A hard copy of the form with the signature.

A copy of the receipt with SRN number.

The original of the indemnity bond with a signed non-judicial stamp paper in the amount specified in the Stamp Act.

Original advance receipt signed by the applicant and witnesses with stamp.

Original share certificates or a copy of the transaction report.

Aadhar card.

Credentials such as share certificate or application number of interest certificate, etc.

Passport or Overseas citizen of India (OCI) or Person of Indian Origin (PIO) card in case of NRIs or foreigners.

Cancelled cheque.

Copy of Demat's customer master list.

3. Submission of the application by the company to the IFFP authority

Once the applicant's application is received, the company must prepare an audit report within 15 days of receipt of the application and submit it to the PSI authorities along with the applicant's documentation.

4. Reimbursement by the IEPF authorities to the applicant

Within 60 days of receiving the verification report from the company concerned, the IFFP authority must decide on the applicant's request for reimbursement.

It shall issue a refund notice if the applicant is entitled to the shares with the approval of the relevant authority. The IFFP and the official in charge of subscription and disbursement, after verifying the claimant's entitlement, send an invoice to the Payroll Officer for payment. Subsequently, the shares are credited to the applicant's demat account.

Our team tracing who are share investor, unclaimed investment person and help to recover from IEPF with 100% guaranteed.For any assistance and advice regarding physical share certificates, Connect with our Relationship Manager at- +91 93103 03046 or Visit Our Website:- www.glcwealth.com

#unclaimed investment #shares investors #recovery from IEPF

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infinysolution · 3 years

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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 certificates are lost or misplaced can request Duplicate Share Certificates, which are made available at designated branches across India.

Share certificates can be costly, and it's a good idea for any shareholder to keep their certificates safe. Let’s see the procedure to issue a duplicate share if you missed it!

Shareholders responsibility:

Do you have a lot going on in business, and you tend to overlook things? Don't worry, it happens to the best of us sometimes. That's why we encourage you to inform the company asap. #1 When you lose your Share Certificate, do not be disheartened. Let the Share Registry know so that they can create a new one for you. #2 A common method of communication these days is a physical letter sent through the postal service to the address of the company, but nowadays, people often choose to reach out via email. #3 If your share certificate has been lost or misplaced, then you will need the following details before an identical one can be issued to you. Name, address, folio number, and share certificate number.

The actions taken by the company:

#1 Upon losing any Share Certificates, the company should freeze all shares of transfers for at least 30 days to prevent fraud. #2 Once a corporation has been registered, the corporation should do everything it can to help its shareholders understand the process of issuing share certificates.

In order to issue a duplicate share certificate, the following documents are required:

First, take out an indemnity bond agreement on non-judicial stamp paper. Next, make an affidavit, which will be prepared on a non-judicial stamp paper of Rs.100. Filing an FIR with details in the police station about the lost share certificate is necessary after complying with this step in order to allow for legal action to take place later on in the process when all other documentation has been completed. The details required are as follows: The name on the share certificate, folio number on the share certificate, share certificate number, and a distinctive number of shares are all needed before proceeding through each subsequent step that follows afterward. Publishing an advertisement in a newspaper about the fact that a company's share certificate has gone missing is also required so that if someone has come into possession of it, they can return it immediately. Shared Certificates are a great way to allow you to have more control over your financials. This is especially important if you have multiple companies that you are working with, or if you have one large company that is split up into multiple departments. Working with shared certificates will allow you to take care of the financial aspects of the company, and not have to worry about making mistakes or not having the right information. We hope that you’ve enjoyed the post and that it helped you learn more about shared certificates and how they can be useful to you and your business! If you have any questions or concerns, we would be happy to answer them for you! Please feel free to contact us anytime at XXXXXXXXXXXXXXXXXXXXXX. Thank you for reading, and we look forward to working with you in the future!

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onlineadvertisements · 3 years

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#advertisement for lost share certificate #lost share certificate ads on newspaper #lost share certificate advertisement #newspaper advertisement for lost share certificates #book lost share certificates ad

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certificatelost · 4 years

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Read more- https://www.certificatelost.com/services/share-certificate-lost

#Advertisement in Newspaper #Certificate lost ad in Newspaper #Share Certificate Lost Advertisement in Newspaper #ads in newspaper

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releaseadmyad · 4 years

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What Matters Most With Newspaper Advertising?

Newspaper Advertising is one of the most popular mediums to advertise among many options available for advertising. & it is the most cost effective method of advertisement especially when placing an ad online.

The most important things for newspaper advertisements are discussed below.

Selection Of Correct Newspaper:

As per the data available with the Government, a total of 1,05,443 newspapers/periodicals are registered with the Registrar of Newspapers for India (RNI). There are a variety of regional & English Newspapers on the basis on which advertisers can reach local audiences as well as choosing correct newspaper on basis circulation, reach & category helps the advertisers to get better response.

Proper Selection Of Ad Format:

Newspaper Advertisements are of three Formats: Classified text, Classified Display & Display, among which Classified Ads are budget friendly allows the advertisers to place the ad respectively under classified section making it a focus point for the readers.

Display ads are more expensive than classified ads. It can be placed at any page according to your choice & budget (For example First page, Middle page or back page) moreover viewers find it attractive due to better design & image quality.

Selection of Right Packages & Editions:

Firstly you will have select proper publication for your preferred location it might sound difficult than choosing correct newspaper but it will far more easy if you have the idea about the readership of every edition moreover if the newspaper you have selected does not have an edition or package for your selected location then you should go for the Package or the edition closest to your selected location.

Documentation Required:

As per the publication rules it is mandatory to provide the documents.

For a change of name: A notarized affidavit not more than 6 months old or a gazette copy.

For Lost & Found: FIR copy or General Diary (GD) or Notarized Affidavit(not more than 6 months old )

Different documents required for notice ad such as (public notice)

F.I.R or G.D copy required for share certificate lost, C Forms lost, or loss of property papers & For the company documents lost etc.

Housing society:Ad Matter should be written in society letterhead, duly signed & stamped.

A letterhead from a practicing lawyer full ad matter should be written, along with his signature, registration number seal & date is required as a proper legal supporting document .

For Obituary or remembrance advertisement:Death certificate & Doctor’s Note stating name & date of death of deceased person receipt from crematorium or burial ground.

Properly Composing of Ad Matter:

If you want successful newspaper advertisement it highly depends on how you compose your ad.

For example if you as an advertiser placing an Property Ad & want to sell the property & then you should properly describe the property & location, cost & Contact details.

For your reference take this ad matter for example.

Ready to Occupy Well Furnished Spacious 2 BHK Flat with 1252sft near Aravinda School Tadepalli for sale (Approx. Rent 12K-15k/Month).Genuine Buyers only. Contact: 9652056696 .

This helps the reader to know about the property, its location, cost & contact details.This helps the advertiser to get proper response.

Choosing Right Enhancement:

It is very important to choose the right enhancement like Tick, bold, Screen & color that makes the ad matter Attractive so that it can grab the attention of the reader better, thus making your newspaper advertisement become a success.

Choosing Correct Focus Dates:

Different Newspapers have different focus days for different ad Categories. Like for example Matrimonial Section is the most famous category in the newspaper & for the most of the newspaper it is booked on Sundays that means matrimonial ad cannot be published on any other day. & for general categories ad can be booked on every day but a particular day can give you more exposure than other days, like a recruitment ad can be given every day in Times of India but giving it on a Wednesday & property advertisement giving it on a Saturday Makes it get more response. This is because Every publication creates a special page focusing on a particular category published on a specific day each week for better response.

Mail us at [email protected], or call us on 09830629298.

#ads in newspaper #newspaper ad booking online #Newspaper Advertisement #paper ads #online newspaper ad #newspaper advertising #newspaper advt #advertise in newspaper

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toldnews-blog · 6 years

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New Post has been published on https://toldnews.com/business/boom-or-bust-what-culture-tells-us-about-money/

Boom or bust: What culture tells us about money

Image copyright Getty Images

Over the years, one financial crisis after another has ruined – or profited – those caught in the middle of it. The pay and benefits of UK residents is still being affected by the latest crisis of a decade ago.

So when has financial advice eased, exacerbated, or even created these downturns?

Researchers at the universities of Southampton, Edinburgh, Lancaster and Manchester – funded by the Arts and Humanities Research Council – have explored the history of financial advice, and how it is represented in culture. The findings are part of a free, online course.

Professor Nicky Marsh, principal investigator on the project, has picked out some examples from art and literature and explains what they tell us.

The South Sea Bubble

The failure of the South Sea Company was the crisis that shaped our understanding of the dangers of speculative bubbles.

Yet many of its satirical representations focus on the deceptions of those involved and speak of a deep mistrust toward the emerging financial profession.

Image copyright Lewis Walpole Library, Yale

Image caption The Bubblers bubbl’d or the Devil Take the Hindmost 1721

The cartoon The Bubblers bubbl’d or the Devil Take the Hindmost, for example, depicts stockjobbers passing stock certificates that flutter down from above in a crazed dance from which they cannot free themselves, and in which the only option is to try to pass the worthless paper to the greater fool beside them.

Investors in the 1720s relied on stockjobbers, rumours and friends and relatives for their financial advice.

Fraud and imperial fantasies

Even when the genre of financial advice had appeared, in newspaper columns and guidebooks, it was not always trustworthy.

The financial boom of the 1820s provided investors with a dizzying range of new investments, especially those with an appetite for imperial adventures. The financial advice manuals that now did exist conservatively warned against these investments so new writers filled the gap.

A speculative genre of financial advice emerged, one that talked up the untold wealth to be made from new discoveries, innovations, and technologies. One of the most notorious examples was Thomas Strangeways’ 1822 Sketch of the Mosquito Shore.

Image copyright Archive.org

Image caption The Sketch of the Mosquito Shore including the Territory of Poyais by Thomas Strangeways

The book was authored by the soldier and adventurer Gregor MacGregor but its glowing account of the resources and climate of the new nation of Poyais was entirely fraudulent.

It was targeted chiefly at the settlers he hoped to lure to his utopia, but the book underpinned MacGregor’s efforts to float a Poyais loan on the London market and he raised over £50,000 before the scam was exposed.

The Brontes and railway mania

Britain went mad for railway shares in the 1840s. In their Haworth parsonage, the Bronte sisters – Charlotte, Emily, and Anne – inherited shares in the York and North Midland Railway.

Image copyright Getty Images

Image caption Charlotte Bronte wrote Jane Eyre

Charlotte’s letters reveal how the sisters navigated the market. Emily took charge of their investments, “carefully reading every paragraph and every advertisement in the newspapers that related to rail-roads”. But the press, full of hype for the railways, did not give the best advice.

Charlotte wanted to sell out before it was too late, but could not persuade “headstrong” Emily, and eventually gave way. Her concerns were vindicated when the market collapsed. Charlotte learnt from the mistake. She took the advice of her publisher in 1849 and invested the royalties from her novel Shirley in Consols (perpetual government bonds).

A self-fulfilling prophecy

Thomas Lawson (1857-1925) was at one point the sixth richest man in America. He made his fortune as a stock promoter, organising large corporate mergers. However, he was soon sick of what he saw as the corrupt stranglehold that a clique of big businessmen had on the American economy.

Image copyright History of Financial Advice

Image caption Cover of Thomas Lawson’s Frenzied Finance (1906)

Instead he turned to muckraking journalism, and in 1906 published Frenzied Finance. It was a searing exposé of the scandal surrounding the Amalgamated Copper deal.

He soon realised that journalism does not pay as well as finance, so he returned to stock promotion. This time he tried to move the market not by insider dealing or an advice manual, but by writing a sensationalist novel, Friday the Thirteenth (1907).

It predicted an apocalyptic crash of the stock market. His avid readers took his warnings at face value, and ended up creating the real world the financial panic that the fiction had imagined – and Lawson pocketed the profit.

The Wall Street Crash

At the opening of F. Scott Fitzgerald’s The Great Gatsby (1925), the narrator, Nick Carraway, recalls buying “a dozen volumes on banking and credit and investment securities”.

Image copyright Getty Images

Image caption Robert Redford in a scene from the film The Great Gatsby

In the 1920s, many Americans likewise devoured guides to Wall Street speculation in the hope of following in the footsteps of the legendary financier J.P. Morgan, and came to regret it when prices on the New York Stock Exchange collapsed in the Great Crash of 1929 and they lost anything they had invested.

Fitzgerald would go on to write the definitive post-crash story, Babylon Revisited, in 1931. The “luck in the market” enjoyed by the protagonist in the 1920s boom allows him to live as “a sort of royalty, almost infallible, with a sort of magic around [him]”, until the market cleans him out.

Fitzgerald’s protagonist ultimately suffers a breakdown – a fate sadly shared by the author himself and his wife Zelda in the depression years that followed what the author called “the most expensive orgy in history”.

The apocalyptic 1970s

As inflation steadily rose throughout the 1970s, financial advice often took a decidedly apocalyptic turn. Howard Ruff’s How to Prosper During the Coming Bad Years recommended buying gold, food and guns.

Image copyright History of Financial Advice

Image caption How to Prosper During the Coming Bad Years was published in 1979

The relationship between financial advice and disaster fiction also began to blur in this moment. Paul Erdman’s The Billion Dollar Sure Thing, which turned President Nixon’s recent closing of the gold window into a cold war thriller, was taken up by influential economists for offering the best explanation of how money worked in the new economy emerging from the 1970s.

Reading the charts

The stock price chart – with its upward and downward lines forming peaks and troughs that resemble the profile of a mountain range – is one of the most familiar ways of visualising the financial markets.

Many investment advice authors believe that the movements of prices reflect underlying natural laws and form recurring patterns that can be “charted” and exploited for profit.

Image copyright Matthew Cornford and David Cross

Image caption Black Narcissus by Matthew Cornford and David Cross

In their digital work Black Narcissus (2014), the British artists Matthew Cornford and David Cross track along a computer-generated mountain skyline mapped onto the historical undulations of the stock market in the period 2003-2013.

In this still from the work, the downward trend on the left, culminating in the vertiginous drop in the centre, corresponds to the global financial crisis of 2008. Here, the market quite literally falls off a cliff edge – one that very few people saw coming.

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