Company Law : Procedure under the Companies Act, 2013 and IEPF Rules, 2016 Introduction Equity shares for which dividends have remained unpaid o...
Company Law : This explains why genuine shareholders face rejection in IEPF claims due to procedural lapses. The key takeaway is that compliance...
Corporate Law : Learn the legal process to recover dividends held by companies or transferred to IEPF. Takeaway: Timely action ensures shareholder...
Company Law : Form IEPF-5 updated from 6 Oct 2025. New provisions include entitlement and authority letters, share-only claims, and validation o...
Company Law : Effective October 6, 2025, the MCA introduced the Investor Education and Protection Fund Amendment Rules, 2025, modernizing the re...
Company Law : The Institute of Company Secretaries of India (ICSI), a statutory body under the Ministry of Corporate Affairs, has invited feedba...
Company Law : Proposed amendments aim to reduce timelines and simplify procedures for refunds of unclaimed shares and dividends. The changes foc...
SEBI : The review clarifies that unclaimed interest and redemption amounts for listed debt securities must be transferred to IEPF only af...
Company Law : IEPFA is launching a new portal to streamline investor claims. It will simplify low value claims integrate a call center and imp...
Corporate Law : Clarification on share certificate claims under Rs. 5 lakh, legal heir acceptance, and applicant authenticity measures by the Inve...
Company Law : The notification updates the IEPF Authority’s composition by appointing an RBI Executive Director as an ex-officio member. The k...
Corporate Law : MCA notifies amendment to IEPF Rules, 2016, substituting Form IEPF-5 with effect from 6 October 2025 under the Companies Act, 2013...
SEBI : SEBI has updated the Investor Protection and Education Fund Regulations, 2009, to include funds from certain delisting processes a...
Corporate Law : IEPFA issues final notice for companies to file Form IEPF-1A with Excel template by Aug 30, 2025, to ensure investor claims are pr...
Company Law : Smt. Deepti Gaur Mukerjee appointed as chairperson of the Investor Education and Protection Fund Authority by the Ministry of Corp...
Any amount required to be credited by the companies to the Fund as provided under clause (a) to (n) of sub-section (2) of section 125 of the Act shall be remitted into the specified branches of Punjab National Bank,
The Depository System Review Committee (DSRC) had examined various aspects of the depository IPF including utilization and investment policy of IPF and quantum of funds to be transferred to IPF. The Expert Committee on Clearing Corporations also deliberated the issue with regard to quantum of funds to be transferred by the Depositories to their IPF.
In exercise of the powers conferred by sub-sections (5) and (6) of section 125 of the Companies Act, 2013 read with rules 5 and 7 of the Investor Education and Protection Fund Authority (Appointment of Chairperson and Members, holding meetings and provision for offices and officers) Rules, 2016 (herein after referred to as the said rules), the Central Government hereby constitutes the Investor Education and Protection Fund Authority consisting of following persons, namely:-
CS Priyanka Gera Executive Summary Ministry of Corporate Affairs (hereinafter referred to as “MCA”) has issued notification on Investor Education and Protection Fund Authority (Appointment of Chairperson and Members, holding of meetings and provision for offices and officers) Rules, 2016 (hereinafter referred to as “IEPF Rules”) in order to exercise the powers conferred by sub-sections […]
Short title, extent and commencement. – (I) These rules may be called the Investor Education and Protection Fund Authority (Appointment of Chairperson and Members holding of meetings and provision for offices and officers) Rules, 2016. The Authority shall be established on such date as may be notified by the Central Government.
Central Government hereby appoints the 13th day of January, 2016 as the date on which the provisions of sub-section (5), sub-section (6) [except with respect to the manner of administration of the investor Education and Protection Fund] and sub-section (7) of section 125 of the said Act shall come into force.
The term ‘dividend’ has been defined under Section 2(35) of the Companies Act, 2013. The term ‘Dividend’ includes any interim dividend. It is an inclusive and not an exhaustive definition. According to the generally accepted definition, ‘dividend’ means the profit of a company, which is not retained in the business and is distributed among the shareholders in proportion to the amount paid-up on the shares held by them.
The Preamble of the SEBI describes the basic functions is to protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto. The SEBI only act as market regulator and control the irregular market practices.
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 2011, the eForm should be filed latest by 31st July 2012.
(a) As per new rule 3 of Investor Education and Protection Fund (Uploading of information regarding unpaid and unclaimed amounts lying with companies) Rules, 2012, return is to be filed in form 5 INV. However, it is not clear what is the cut-off date for it? – Ans. The cut-off date refers to the date of AGM upto which the information relating to a particular year is to be updated and then filed. For example, for the financial year ended 31-3-2012, where date of AGM is 30-9-2012, the complete information regarding unpaid and unclaimed amounts has to be updated till the date of AGM i.e. upto 30-9-2012 and then this information is to be filed through e-form 5 INV within 90 days of the date of AGM i.e. by 29-12-2012.
