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Understanding IEPF (Investor Education and Protection Fund)

The Central Government established the IEPF to safeguard investors’ interests and raise awareness. It was created in accordance with Section 125 of the Companies Act of 2013 (the “Act”).

The IEPF Authority yearly transmits the audited accounts and audit report to the Central Government.

By centralizing unclaimed funds and promoting a straightforward approach for their use, the IEPF promotes transparency and accountability in the financial system.

Step-by-Step Process
  • Verification: Establish if unpaid dividends or unclaimed shares make certain shares transferable to the IEPF.
  • Claim Submission: On the IEPF website, fill out the online claim form and attach the necessary files.
  • Firm verification: If the claim is found to be legitimate, the firm confirms it and gives its approval.
  • Transfer to IEPF Authority: If the transfer of unclaimed shares is approved, they are delivered to the IEPF authority.
  • Claim Verification: The IEPF verifies a claim's validity and distributes shares to the claimant's Demat account if it is valid.
  • Settlement of the Claim: The claim is resolved, and the claimant is given custody of the shares once more.
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