IEPF Claim

An IEPF claim refers to the process of claiming shares, dividends, and other benefits that have been transferred by companies to the Investor Education and Protection Fund (IEPF) in accordance with the Companies Act, 2013.

The IEPF is a fund established by the Indian government to protect the interests of investors and promote investor education. Companies are required by law to transfer any unclaimed dividends, shares, or other benefits to the IEPF after a specified period of time. These unclaimed benefits are then held in the IEPF until they are claimed by the rightful owners.

To claim shares, dividends, or other benefits from the IEPF, the claimant must follow the process outlined by the government. This process typically involves filing a claim with the relevant authority, providing supporting documents such as proof of ownership, and complying with any other requirements set out by the government.

In summary, an IEPF claim is a process by which a person can claim back their rightful ownership of shares, dividends or other benefits that have been transferred to the Investor Education and Protection Fund by a company, in accordance with the Companies Act, 2013.