Foreign nationals did buy shares and stocks in India

Foreign nationals did buy and sell shares in Indian companies. Image of original share certificates of many such companies are enclosed.

As per the certificates, the original allotees/holder were British nationals. The dates range from 1900 to 1963. Subsequently, these shares were sold to others but definitely it established that the foreign nationals esp British did participate in the stock market activity.




Alcock Ashdown & Co Limited

Originally, a British owned company , incorporated under the Companies Act of 1862.
It was originally owned by Turner Morison group and which went into liquidation, in mid 1970s.

One of the yards was situated atBombay next to Mazagon Dock Ltd. (MDL) engaged in ship building and ship repair and other engineering activities. The second yard was situated at Bhavnagar, The Company went into liquidation during the period 1969
to 1974 and was taken over by the govt in 1975
Share certificate dated 16th April 1963 in the name of John Leslie Boyer, Esq & Jeremy William Tait, Esq



The Howrah Sheakhala Light Railway Company Limited

Promoted under the Indian Companies Acts of 1882, the Company was part of the agency House Martin & Company, which later on became the Martin Burn Limited
Share certificate dated 2nd April 1900 in the name of Sir T C Mowden of Heyderabad

In case you need more information, please contact us through email - write to fund.tracers@gmail.com

Foreign nationals did buy shares and stocks in India

Foreign nationals did buy and sell shares in Indian companies. Image of original share certificates of many such companies are enclosed.

As per the certificates, the original allotees/holder were British nationals. The dates range from 1900 to 1963. Subsequently, these shares were sold to others but definitely it established that the foreign nationals esp British did participate in the stock market activity.




The New Victoria Mills Co, Limited

Promoted in United Provinces (now Uttar Pradesh) under the Indian Companies Act of 1913.
Share certificate dated 14th May 1943 in the name of James Gordon Esq, of Scotland




The Empire Jute Company Limited

Promoted under the Indian Companies Acts of 1882 and 1910, the Company was part of the agency House McLeod & Company
Share certificate dated 10th September 1934 in the name of Calcutta Discount Co Ltd.




The East Indian Coal Co Limited

The Company was part of the agency House Jardine Simmer & Co.
Share certificate of Pound 1 each, dated 15th April 1909 in the name of Charles Law Biscoe. Note the address of the investor is shown as ``C/o National Bank of India, Calcutta''.




The Equitable Coal Co Limited

The Company was part of the agency House Macneill & Co. Promoted under the Indian Companies Acts of 1882 and 1895, to exploit the coal in Asansol region of Bengal.
Share certificate dated 11th March 1937 in the name of James Macgregor Esq.




Durbhanga Sugar Co Limited

The Company was promoted in financial partnership with the Royal family of Darbhanga, whose other venture were Octavious Steel, British India Corporation and amny more
Share certificate dated 27th April 1943 in the name of Messers Fenchurch Nominees Limited of London. Fenchurch Nominees Limited is a leading Financial investor in the Global Equities market


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Some Nepalese people who are holding shares and stocks in India

There are many people from Nepal who are holding shares and stocks in India but the same can be called unclaimed or unattended. The dividends on such accounts have not been claimed for a long time.

People from Nepal started investing in India towards the beginning of the 20th century. Initially money came in towards purchase of lands & buildings in Calcutta, border areas of Bihar, Darjeeling Hills etc. later on the money started pouring into the stock markets. The investors were generally the royals or those close to them; the army personnel and the business class.

These shares in Indian companies may have been forgotten by the shareholders/ or their families; they may have changed their address but forgotten to inform the companies of their change in address; the shareholder may have forgotten to tell his/her family about such investments; the shareholder might be deceased and the family/ heirs may not be aware of the legal procedures to claim the same or find the procedure cumbersome; but the fact remains that these shares are unattended - the corporate benefits on them like dividends, bonuses are unclaimed for many many years.

The shares continue to be in their names; Chances are that the shareholder may have been deceased or too old. The dividends on such accounts is outstanding for many many years. The shareholder/ legal heirs would be entitled to the same.

Some of the people in whose names investments have been found are - Piyush Raj Sharma, Prem Kumari Pandey, Pt Khagendra Raj, Narendra Singh Alay, Raj Bahadur Chipalu, Bada Maharani Gambhir Kumari, Rani Renuka Mumari, Somprasad Upadhyay, Vishnu Chintaman Bavadekar, Achyut Raj Shareshtha, Anand Raj Shareshtha, Brig Col Indra Bahadur Karki, John E J Fetz, Pushpa Kumari Panth, Krishna Prasad Panth, Raj Kumar Pitamber Shumshere, Nrip Jung Rana, Kharidar Singh Man, Col Jana Shumshere, Neetya Kumari Devi etc. But there would be many many more.

We can help you in claiming the shares if the shareholder is deceased and you are a legal heir. We can provide you our services of tracing the assets and initiating the legal procedures in India to claim the same.

In order to contact us, please go to our website www.fundtracers.com and contact through that site. or email at fund.tracers@gmail.com