Company Law : Learn the process of dividend management and how to claim shares from IEPF with steps for verification and refund under the Compan...
Company Law : Amendment to IEPFA Rules: CEO now required to sign annual statements alongside the Chairperson. Know the changes in IEPFA (Form of...
Company Law : Learn about the treatment of unpaid and unclaimed dividends, their transfer to the Investor Education and Protection Fund (IEPF), ...
Company Law : Learn the process to transfer unpaid dividends and shares to the IEPF and how to claim them. Follow the steps for both companies a...
Corporate Law : Learn how to recover lost shares, transfer physical shares, and more from IEPF. Get step-by-step process, categories, and FAQs. Ex...
Company Law : Government updates on share certificate claims: FIR condition removed for values up to Rs. 5 lakh. Companies must ensure authentic...
Company Law : The Indian government has reduced reporting forms for companies on unclaimed dividends and integrated fund transfers with Bharatko...
Company Law : The unclaimed funds in the IEPF have grown to ₹8,237.20 crores by FY 2023-24. The Government has no plans to use it for CSR acti...
Company Law : IEPFA invites stakeholders to share insights on streamlining claims settlement process under the Companies Act, 2013. Deadline: Ap...
Company Law : Investor Education and Protection Fund Authority (IEPFA) signs MoU with Indira Gandhi National Open University (IGNOU) for promoti...
Company Law : Smt. Deepti Gaur Mukerjee appointed as chairperson of the Investor Education and Protection Fund Authority by the Ministry of Corp...
Company Law : MCA amends Investor Education and Protection Fund Authority rules, replacing "one member" with "chief executive officer" for annua...
Company Law : The Ministry of Corporate Affairs has updated the IEPF rules to simplify the process for investors to claim lost or unclaimed secu...
Company Law : General Circular No- 07/2024: Forms IEPF-3 merges with IEPF-4 and IEPF-7 with IEPF-1 in MCA Version 3. Simplifying compliance for ...
Company Law : Circular No. 06/2024 MCA has waived the additional fee for filing various IEPF e-forms (IEPF-1, IEPF-1A, IEPF-2, IEPF-4) and e-ver...
As per Section 124 of Companies Act, 2015 Where a dividend has been declared by a company but has not been paid or claimed within 30 days from the date of the declaration to any shareholder entitled to the payment of the dividend, the company shall, within 7 days from the date of expiry of […]
MCA Notification Dated 14th August, 2019 notified ‘Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2019‘, w.e.f. 20th August, 2019. New Rule 7(2B) ‘The details of the Nodal Officer and Deputy Nodal Officer duly indicating his or her designation, postal address, telephone and mobile number and company authorized e-mail ID shall […]
These rules may be called the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2019.
As per Section 124 of the Companies Act, 2013, in case a company has declared any dividend but the same has not been claimed within 30 days from the date of declaration, the company shall transfer the total amount of unclaimed dividend to Unclaimed Dividend Account which is opened specifically for this purpose with a scheduled bank. […]
Any amount transferred to Unpaid Dividend Account of the Company, which is unpaid or unclaimed for more Seven Years shall be transferred along with interest accrued, to Investor Education & Protection Fund. (IEPF) and the company shall send a statement in Form IEPF-1 the details of such transfer to the authority which administers the said Fund and […]
Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2019 shall come into force on the date of their publication in the Official Gazette.
In a major success, the IEPF Authority has been able to enforce The Peerless General Finance and Investment Company Limited to transfer deposits worth about Rs 1514 Cr to IEPF. This depositor’s money was pending with the company for the last 15 years.
You should claim your dividend on regular basis. If remain unclaimed for seven consecutive years, then the dividends along with its related shares transferred to Investor Education and Protection Fund (IEPF) Authority. Investor Education and Protection Fund (IEPF) Authority of Ministry Of Corporate Affairs, Government Of India has given the procedure to claim unclaimed dividend after seven […]
Procedure for Transfer of Unpaid / Unclaimed Dividend to IEPF- The company shall inform, at the latest available address, the shareholder concerned regarding transfer of shares three months before the due date of transfer of shares and also simultaneously publish a notice in the leading newspaper in English and regional language having wide circulation informing the concerned that the names of such shareholders and their folio number or DP ID – Client ID are available on their website duly mentioning the website address.
MCA Vide its Notification No. 07/05/2017-IEPFA, dated July 19, 2018 has revised and updated the guidelines for the company to facilitate refund of claims by IEPF Authority in light of resubmission option provided in e-form IEPF-5.
