Infinysolutions

  Securities and Exchange Board of India (SEBI) is responsible for overseeing the regulation of all participants in the Indian capital market. It tries to safeguard investors’ interests and grow capital markets by implementing a variety of laws and regulations. In the wake of increasing frauds related to the share market, SEBI has been trying to make regulations more robust to protect investors. In this regaird, the most tricky aspect for SEBI to deal with has been fraud related to   unclaimed shared and unclaimed dividends , especially in the physical shares format. This change will help reduce the danger of fraud and manipulation in the physical transfer of securities by unscrupulous individuals. Furthermore, holding shares in demat form simplifies and secures transactions for investors. With that in mind, SEBI recently released a new notification. SEBI ISSUES NOTIFICATION FOR INVESTOR PROTECTION   SEBI issued Circular No. SEBI/HO/MIRSD/MIRSD RTAMB/P/CIR/2021/655 on Nov...

  Earlier investment investments in the form of shares were made physically through share certificates. Being tangible, these documents get lost and destroyed if not kept safe. Due to this, many of the investors lost their shares and dividends. But with time, SEBI has come up with some friendly guidelines that help investors get back their lost shares and dividends. Through  IEPF Share Recovery , it is now easy for investors to track their lost claims. Process of recovery of share and finding lost shares    Stage 1- The Authority of the Claimant If you wish to get back your lost shares in your name, you must submit the IEPF Form-5. This form is needed to be submitted to the MCA. While filling in the form, you must provide your entire Claimant’s information—also, the Company from where your shares belonged with the CIN number.  Also, include the amount of the lost dividend that you want to claim back. If you are an Indian citizen, you must provide your Aadhaar d...

  The IEPF stands for Investor Education and Protection Fund for addressing the steadily expanding issue of individuals failing to remember their shareholdings in an organization. The IEPF recovery system was introduced by the government to educate investors and to safeguard their interests. The Government deals with any lost share moved to this account until the legitimate investors apply to get them transferred to their account. The profits on the shares stay unclaimed for quite a long time since individuals will more often than not fail to remember that they own the shares in any case. Regulatory Laws That Govern IEPF The Companies Act, 2013, and Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules established in 2016 are relevant to the IEPF. These regulations express that the financial backers get a limit of 30 days to guarantee the profit after its announcement by the government. If the profits and share dividends stay unclaimed eve...

  The IEPF or the Investor Education and Protection Fund are used for promoting awareness and protecting the interests of the investors. So, let’s talk about what are IEPF and IEPF recovery and the amounts that are transferred to IEPF. What is IEPF? Before knowing about IEPF recovery , you should know about what a company is. To explain legally, a company is a legal body that is able to own a particular amount of property and hence can sue or be sued under its own name. Though it has no specific meaning legally, to say generally, it is a group of people who work professionally and try to achieve a particular result. The IEPF or Investor Education and Protection Fund was a fund that was set up initially to pool in all the dividends, shared application money or interests, matured deposits debentures, etc., that have remained unclaimed for seven years.  All the money that is collected from those sources needs to be transferred to the fund known as IEPF.  The investors, who ...

 As investors, there are times when your investments become unreachable, especially when you did it years ago. Thinking it to be buried in some loophole, you lose hope on recovering them. However, It is certainly possible to get back your money or investment.  Recently, the guidelines announced by the government in 2017 has made it pretty easier for the investors to get not just dividends but shares regularized too.  But what will you have to do for it? The only solution at hand is IEPF for which it’s important to have a great authority with utmost deep experience in this field of retrieving blocked investments known as IEPF is at its peak. Investor Education and Protection Fund (IEPF), set up by the Ministry of Corporate Affairs (CMA), and established by the Government of India in 2016 is the fund that provides protection to investors against unscrupulous activities of certain market players.  In simple words, IEPF is a trust fund of SEBI, under th...

  IEPF stands for Investor Education and Protection Fund is incorporated under Section 125 of Companies Act 2013. IEPF is a government authority that is entrusted to check all unclaimed dividends, deposits, shares, etc., of a company. It looks over refunds of shares, matured deposits/debentures, unclaimed dividends, etc., to investors. What is transferred to IEPF? There is a vast amount of unclaimed money piling up with the IEPF in the form of old equity shares, dividends, debentures, etc. The remaining unclaimed investments for seven years or more are generally transferred to the IEPF. The following are the heads they fall under: The investor does not yet claim dividends issued by the company. Shares as per the folio under which the dividends have remained unclaimed for a consecutive period of 7 years. Matured debentures that are unclaimed with the company. Matured deposits with a company except banking companies. Sale proceeds of fraction shares that arises due to amalgamation is...

  It's a common practice at many companies to create duplicate share certificates . This practice can be very helpful in case there is a need to sell shares. This blog will outline what a duplicate share certificate is and why these should be issued. It will also outline how these certificates should be issued and issued correctly. What they are: As an entrepreneur, you'll eventually need to work with investors at some point in your business's lifespan.  When it comes time to do so, make sure their interests are protected by issuing them with the appropriate legal documentation, like share certificates (also known as stock certificates or shareholdings). This document has historical value and serves as proof of ownership for your company's shares. A shareholder can demonstrate financial responsibility to lenders, investors, and potential partners by providing legally sanctioned documentation of their stake in the business. Shareholders who themselves or whose certifica...