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Company Law - Procedure for Claiming Unclaimed Dividend/Shares from Investor Education Protection Fund (IEPF) and Steps to be Followed by Company to Process the Claim IEPF – 5 CLAIM PROCESS FOR CLAIMANTS UNDER COMPANIES ACT 2013 1. Claimant to register themselves online on this weblink http://www.mca.gov.in/mcafoportal/loadUserRegistration.do?link=lo...
Read MoreCompany Law - Brief Note of IEPF Forms or Step wise checklist of IEPF form Every Company which has any *unclaimed amount shall file e-form IEPF-2 within 60 days of Annual General Meeting with Ministry of Corporate of Affairs mentioning unclaimed and unpaid amounts separately for each of the previous seven financial years (number could be zero for [&hel...
Read MoreCompany Law - Declaration of Dividend is one crucial thing in any Company as it is their way of keeping their Shareholders happy. This also is an indicator to some extent about a Company’s performance. Section 123 of the Companies Act, 2013 deals with the process of Declaration of Dividend. However, it is not the declaration, but the […]...
Read MoreCompany Law - Application to the Authority for claiming unpaid amounts and shares out of Investor Education and Protection Fund (IEPF) IEPF Refund- Any person, whose unclaimed or unpaid amount has been transferred by the company to IEPF may claim their refunds to the IEPF authority. For claiming such amount, claimant needs to file form IEPF-5 alongwith...
Read MoreCompany Law - WHEN TO FILE IEPF-5? The person, in respect of whom any amount is transferred to the IEPF, can make an application by filing Form IEPF-5 with the MCA Portal that shall further process the application. IEPF authority may seek necessary clarifications from the concerned company/bank. Any person, whose shares, unclaimed dividend, matured dep...
Read MoreCompany Law - The Investor Education & Protection Fund (Accounting, Audit, Transfer and Refund) Rules 2016 have been amended vide GSR No.571 (E) dated 14.8.2019 to simplify the process of refund of claims filed with The Investor Education & Protection Fund Authority (the Authority). ...
Read MoreCompany Law - Shri Injeti Srinivas, Secretary, Ministry of Corporate Affairs, inaugurated the Investor Education and Protection Fund Authority (IEPFA) Help Line number — 1800-114-667 — and Call Centre here today....
Read MoreCompany Law - Extension of last date for filing of Form No. IEPF - 1A under the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016...
Read MoreCompany Law - 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....
Read MoreCompany Law - The information is to be filed in Form 5- INV as per the above mentioned rules; and thereafter an excel sheet containing detailed investor wise details is to be filed separately. The e Form, the excel template and detailed steps are provided in the IEPF application link on the portal www.iepf.gov.in.For financial year ended on 31st March...
Read MoreGeneral Circular No. 11/2019 - (25/10/2019) - MCA waives the additional fee payable by companies on filing form IEPF-1A upto 31.12.2019 and form IEPF-2 (for the purpose of filing Statement of unclaimed and unpaid amounts) upto 30.11.2019 vide General Circular No. 11/2019 Dated: 25.10.2019....
Read MoreNotification No. G.S.R. 571(E) - (14/08/2019) - These rules may be called the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2019....
Read MoreNotification No. G.S.R. 343(E) - (01/05/2019) - 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....
Read MoreNo. 07/05/2017-IEPFA - (19/07/2018) - In supersession of the guidelines issued earlier, the revised and updated guidelines for the companies to facilitate the refund of the claims by IEPF Authority in the light of resubmission option provided in eform IEPF-5 and list of annexures to be attached in the verification report are enclosed. ...
Read MoreNotification No. G.S.R. 472(E). - (22/05/2018) - These rules may be called the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Third Amendment Rules, 2017. They shall come into force with effect from the 22nd May 2018....
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General Circular No. 11/2019 - (25/10/2019) -
