ShareNivaran

IEPF Claim (Investor Education & Protection Fund, Govt of India)

If dividends are unclaimed for continuous 7 years, the dividend as well as shares pertaining to those dividends is transferred to IEPF, an authority under Ministry of Corporate Affairs, Govt of India. Once the shares are transferred to IEPF, the investor needs to complete the numerous formalities to get this entitlement and then approach the Nodal officer of the company to get the verification from the company and then ultimately approach IEPF to claim the shares. For holding in each separate company, separate claims have to be filed and coordination has to be done with the Registrar, Company and IEPF as explained above. The claim has to be filed online and then physical documents have to be sent by investor to authorities, which are processed and approved by them at various levels.

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