Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Unclaimed Dividends Transferred to Investor Education and Protection Fund as per Companies Act; Major Contributions Noted 2013-2016.</h1> In accordance with the Companies Act, unclaimed and unpaid amounts, including dividends, are transferred to the Investor Education and Protection Fund (IEPF). From 2013 to 2016, significant amounts were credited annually: 189.96 crore in 2013-14, 261.56 crore in 2014-15, 223.42 crore in 2015-16, and 181.90 crore in 2016-17 up to October. These funds contribute to the Consolidated Fund of India, with allocations made for investor refunds and awareness initiatives. This information was provided by a government official in response to a parliamentary question.