Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 - Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016
Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 - Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016
Investor Education and Protection Fund rules define 'Company', 'Corporate action', and the Fund's scope and membership. Rule 2 defines terms for the IEPF Authority Rules, tying meanings to the Companies Act. It defines Act, Authority, Chairperson, Member and Section; ... Summary
Investor Education and Protection Fund rules define 'Company', 'Corporate action', and the Fund's scope and membership.
Rule 2 defines terms for the IEPF Authority Rules, tying meanings to the Companies Act. It defines Act, Authority, Chairperson, Member and Section; preserves Act-based definitions from other rules; expands "Company" to include specified banking entities and any entity required to transfer funds to the IEPF, including transferee companies; defines "Corporate action" to include transfers of shares and benefits such as bonus shares, splits, consolidations and fractional shares (excluding rights issue to the Authority); and distinguishes "Existing IEPF" from the "Fund" under section 125.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.