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Press Release

FONRWA joins hand with Share Samadhan to recover lost/ blocked investment of residents in Noida


28th October, 2017

Federation of Noida Resident Welfare Associations (FONRWA) has entered in a voluntary information sharing agreement with SHARE SAMADHAN Pvt. Ltd. on Saturday, 28th October 2017 to recover Lost Investment/ Forgotten Investment/ Scattered Investment or Unclaimed Investment of the residents in Noida lying with companies, government or private entities in the form of old shares, Mutual Fund, Unclaimed Insurance, Provident Fund, Bank Deposits, postal savings etc.

On this occasion, FONRWA President N. P Singh launched ‘Mission Money Back’ Scheme of Share Samadhan in a function at the head office of FONRWA. Speaking on the occasion Mr. N.P. Singh appreciated the initiative, “This is an excellent initiative of Share Samadhan. There are many aggrieved investors in Noida who are running from pillar to post to get their investment back from private companies, government organizations or banks. Some have left the hope. We hope Share Samadhan will help them out and create awareness to protect their investment from any potential contingency in future.”

Mr. Vikash Jain, Director, Share Samadhan assured the members of FONRWA for providing services at par with international standards. “We have team of experienced professionals like Company Secretaries, MBAs, Chartered Accountants, lawyers, who are expert in drafting complains and follow up at suitable standards. We do in-depth research on recovering the money of investors or for their legal heirs blocked in PF, Mutual Funds, Shares, Bank Deposits and Insurance etc. We have served customers at national and international level. This association with FONRWA will be a milestone for investors in Noida,” said Jain.
FONRWA president N. P. Singh assured his full support and promised to share the available information of the aggrieved investors or their legal heirs with SHARE SAMADHAN in case of any casualty such as death of the investor/ lost of original records. The investment recovery team of SHARE SAMADHAN would pursue the case to recover the amount on a predetermined professional fee. SHARE SAMADHAN will also provide the following services on voluntary basis after due approval from FONRWA:
A.   Conduct free of cost sessions/ workshops to educate and aware the residents to protect their investment from potential contingencies.
B.   Free Helpline for aggrieved investors of FONRWA.
C.   Discount on WEALTH SAMADHAN CARD for FONRWA members.
D.   Special Offers for Women to become Associates with SHARE SAMADHAN. 
E.    Refund of entire advance fee if the money is NOT recovered.
The recovered investment amount will be credited directly into the account of the applicant/ or legal heir after following due procedure prescribed by the concerned government agencies, authorities, tribunals or quasi judicial bodies.