Infinysolutions

  IEPF is the Investor Education and Protection Fund that has been set up to protect the interest of the investor. IEPF shares recovery provides all information and thereby promotes awareness among the investor.  But this website does not provide any advice related to investment. Many times people fail to claim their shares. You need to quickly calm and track all your dues if the fund has been with the IEPF. Crores of unclaimed shares and dividends have been lying with the IEPF.  Reason behind the arise of unclaimed dividend and shares The government has been making plans to take over the shares of IEPF. There are several reasons for the arise of unclaimed dividend and shares are as follows: When you lose track of the amount invested in a certain company. When a company was not able to reach out to you through your address or contact number.  When the legal heir and nominees fail to claim the recovery of shares and dividend. When the shares are torn, lost, or diama...

  What is the IEPF Recovery? The  Investment Enhancement Program Recovery  is an  online cash recovery  platform that can be used by any type of investor, either experienced or novice. It leverages existing networks of business owners and professionals to  find the right assets  for the best profits, faster. In simple terms,  IEPF is the Investor Education and Prote c tion Fund . It was established by the Securities and Exchange Board of India (SEBI), with an objective to  protect the interest of investors.  This fund is used for the purpose of  investor education, investor awareness, and investor protection.  The fund is managed by SEBI to  protect the interest of investors. How to apply & Legal process If you have all the necessary documents or proof of your deposits, you can visit the nearest branch of the bank and file proof such as deposit slip, passbook, deposit form, etc. If the proof is accepted, the bank will ...

  What are IEPF shares ? The Employee’s Provident Fund Organization is a government organization working under the Ministry of Labor and Employment. As the name suggests, it manages a pension fund for its members — a pool of money that is used to pay out the employees when they retire from service. It also stands for Income-Tax Free Saving Scheme and is a scheme for buying and selling shares without paying any tax. IEPF is a scheme that offers tax benefits and is a part of the National Saving scheme which was launched by the Government of India. This scheme allows investors to save money or to invest their savings in shares for higher returns. It offers tax benefits as the principal amount and interest earned under this scheme are not taxable.  How to make a Claim? If you are an investor, you can claim the mutual funds you hold in your Demat account. The first step is to identify which funds you want to claim. You can do so by logging on to the IEPF website (www.iepf.in) and d...

  According to general norms, stock dividends get deposited to the bank account that is linked to the Demat account of the owner of the stocks. When the company fails to distribute dividends to the shareholders, there arises a situation of Unclaimed dividends and shares . A shareholder is required to claim dividends and shares within a limited period of time which is actually 30 days from the date of the declaration of dividend. Unclaimed dividends and shares remain unclaimed and get accumulated with the company. Here, you will get to know what to do if you inherit unclaimed dividends and shares. Request Letter If you inherit unclaimed dividends and shares then you will first have to begin by sending a request letter. This letter will be addressed to the company’s registrar and also to the transfer agent.  There are a few things to consider when making the request letter. The request letter must contain the following things:  The folio number of physical shares. It mus...

  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 deta...

  IEPF is set up for providing awareness and protection of investor interest. The IEPF is monitored by a trust which has been given the authority under subsection 4. Claims of shares from IEPF are refunded to the IEPF Authority. The main objective of IEPF is to educate investors on the protection of the fund. Functions Of IEPF - To plan the proposal of the projects for IEPF that includes research activities also. - Coordinating with the institution involved in educating the investor and spreading awareness. - Furnishing the reports for the Central Government after 6 months. - Appointing one or more subcommittees for ensuring the smooth functioning of the fund. - Preparing the proposals for the registration of voluntary association or organization involved in the activities of IEPF - Provide protection in the form of seminars, symposiums, and proposals for the registration of voluntary associations. IEPF Recovery- Is it possible to recover money credited to IEPF? IEPF Recovery is n...