3 Easy And Effective Ways For Making A Quick IEPF Recovery
Investor Educational and protection Fund has been established under the provision of the Companies Act, 2013. IEPF (Investor Educational and Protection Fund) is the promotion of investor’s protection and awareness of the interests of investment. IEPF is set up under the Ministry of Corporate Affairs. To fund the IEPF, an unclaimed dividend, company’s deposits and debentures along with the interest on them, refunded application money is used. The EIPF shares claim is monitored by a trust and that trust has been given to the authority under subsection 4 to spend the money. The Registrar of Companies furnishes receipts and the Ministry of Corporate Affairs (MCA) maintains a consolidated abstract of the receipts. Process of IEPF Claim or Refund - Investors can claim the shares under subsection 6 of section 124 or under the clause of subsection 3 of section 125. One consolidated claim can be filed for a company in one financial year with one Aadhaar Number. The details of multiple Fol