<h1>Companies Must Report Unclaimed Dividends u/s 205C; Rs. 3454.29 Crore Awaiting Transfer to IEPF.</h1> The Ministry of Corporate Affairs does not track unclaimed investment funds, but companies must report unclaimed dividends, deposits, and debentures under section 205C of the Companies Act, 1956. As of March 31, 2014, companies reported Rs. 3454.29 crore in unclaimed funds. These funds will be transferred to the Investor Education and Protection Fund (IEPF) if unclaimed for seven years. Companies not reporting unclaimed dividends in required forms have been identified for scrutiny and potential Show Cause Notices. No company has been found transferring unclaimed dividends to its balance sheet. This information was provided in a written reply to the Lok Sabha.