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Transfer of shares to IEPF Suspense Account

Pursuant to the Section 124(5) of the Companies Act, 2013 and Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (“the Rules”) notified by the Ministry of Corporate Affairs effective w.e.f. September 7, 2016, all unpaid or unclaimed dividends are required to be transferred by the Company to the Investor Education and Protection Fund (“IEPF”) established by the Central Government, after expiry of seven years. Section 124(6) of the Companies Act, 2013 and the Rules made thereunder contain provisions for transfer of all shares in respect of which dividend has not been paid or claimed by the shareholders for seven consecutive years or more in the name of IEPF suspense account. The detailed rules are available on the websites www.mca.gov.in & www.iepf.gov.in.

Details of shares to be transferred to IEPF suspense account.

Newspaper Advertisement for transfer of Shares to IEPF suspense account.

Application to the Authority for claiming unpaid amounts and shares out of Investor Education and Protection Fund (IEPF) - http://www.iepf.gov.in/IEPFA/corporates.html
 
 
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