Infinysolutions

Many a time it is observed that several shares in any company remain unclaimed or unpaid for a long period. The reasons could vary, however. Sometimes people are not aware of the shareholding, or they could have forgotten the shares, or even the shareholders have expired. Sometime before, the shareholding person has no clue about claiming such shares and in many cases, they would have been transferred to Investor Education and Protection Fund ( IEPF ). But before proceeding towards the process of claiming the unpaid or   unclaimed dividend and shares , we should know what IEPF is. About IEPF Considering the problems regarding the claiming of unclaimed and old shares, the Ministry of Corporate Affairs(MCA), Government of India, has introduced an authoritative body of Investor Education and Protection Fund ( IEPF ) under section 125 of Company Laws, 2013. This body has the responsibility of educating people about the refunds and administration of unclaimed dividends and helping them to m

  A transfer is defined as the moving of an asset. Physical mobility, asset ownership, or both may be considered movements. This movement may be voluntary or mandated by legislation in the case of securities. In order to clearly explain the concept of the Transfer and Transmission of Shares and make them easier to distinguish from one another, we must first learn the meaning of some terms that are frequently used in connection with them. The transfer of shares occurs through a contract and is a voluntary act on the part of the shareholder. The transfer of shares occurs as a result of the law's operation upon the death of the shareholder or in the event that the holder becomes bankrupt or insane. Definition of Share Transfer The intentional transfer of ownership of the shares between the transferor (one who transfers) and the transferee is referred to as a transfer of shares (one who receives). A public corporation's shares can be freely transferred unless the company has a goo