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.
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Provisions expressly mentioned in the judgment/order text.
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.
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