TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 125: How the Investor Education and Protection Fund safeguards unclaimed dividends, deposits, and supports investor rights</h1> Section 125 mandates establishment of the Investor Education and Protection Fund by the Central Government and specifies its funding sources, including government grants, donations, unclaimed dividends, matured deposits and debentures, unclaimed application money, certain securities-related sums, and related interest after remaining unpaid for seven years. The Fund is to be used for refunding such unclaimed amounts, promoting investor education, distributing disgorged amounts to eligible investors, and reimbursing legal expenses for specified class actions. An authority constituted by the Central Government administers the Fund, maintains accounts and records, spends money for statutory purposes, and prepares annual reports. The Comptroller and Auditor-General audits the Fund's accounts, and audit and annual reports are laid before Parliament.
TaxTMI 
TaxTMI 
