IEPF Filling
The IEPF Authority is responsible for administering the fund and utilizing it for the benefit of investors. It aims to promote investor awareness, education, and protection through various initiatives, including dissemination of information, conducting investor awareness programs, and implementing measures to prevent fraudulent activities in the securities market.
The IEPF has played a crucial role in enhancing investor confidence, ensuring the timely transfer of unclaimed funds to the rightful owners, and promoting a culture of investor education and protection in India’s corporate landscape.
1:- Prior to 2017, a regulatory provision mandated the transfer of unpaid and unclaimed dividends, which remained unclaimed for a period of 7 years from the date of declaration, to a dedicated account held by the Investor Education and Protection Fund (IEPF).
2:- With effect from September 2017, a significant amendment was implemented, expanding the scope of unclaimed shares beyond unclaimed dividends.
3:- Shares issued as bonus shares or split shares within the last 7 years will not be transferred to the Investor Education and Protection Fund (IEPF) account if the associated dividends have not been unclaimed for the specified duration.
