Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016
Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016
IEPF refunds process: claim online with Form IEPF-5; company verification; Authority issues payment or credits shares. Claimants whose securities or amounts have been transferred to the IEPF must apply online in Form IEPF-5 and send original and supporting documents to the ... Summary
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IEPF refunds process: claim online with Form IEPF-5; company verification; Authority issues payment or credits shares.
Claimants whose securities or amounts have been transferred to the IEPF must apply online in Form IEPF-5 and send original and supporting documents to the company's Nodal Officer for verification. Companies must appoint and notify a Nodal Officer, file an e-verification report with certified scanned originals within prescribed timeframes, and remain liable for custody of originals and indemnity to the Authority. On verified entitlement the Authority effects e-payment or credits shares; verified claims are to be disposed within sixty days, subject to requests for further information and consequences for fraudulent claims.
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