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of <h1>Unclaimed Financial Assets Transferred to IEPF After Seven Years to Safeguard Investors' Interests Under Companies Act</h1> The Investor Education and Protection Fund (IEPF) is established by the Central Government under the Companies Act, 1956. The fund comprises unclaimed amounts such as unpaid dividends, application money for securities, matured deposits, and debentures, along with interest accrued on these amounts, and grants or donations. These amounts must remain unclaimed for seven years before being credited to the IEPF. The fund is utilized to promote investor awareness and protect investor interests. An authority or committee, appointed by the Central Government, manages the fund, maintaining accounts and records as prescribed, and is authorized to allocate funds for its intended purposes.
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