<h1>New Draft Rules Establish IEPF Authority to Oversee Investor Education, Compliance, and Fund Management Under Companies Act 2013.</h1> The draft rules under the Companies Act 2013 establish the Investor Education and Protection Fund (IEPF) Authority to manage the IEPF. The Authority, headquartered in New Delhi, will be led by the Secretary of the Ministry of Corporate Affairs as Chairperson, with members from the Reserve Bank of India, Securities and Exchange Board of India, and other experts. The Authority will oversee fund administration, compliance, and investor education. It will manage finances, conduct audits, and report to the Central Government. The Authority is exempt from wealth and income tax and will replace existing IEPF rules under the Companies Act 1956.