Investor Education and Protection Fund Authority established with rules for remittance, share transfer to IEPF suspense account, audit and refund procedures. Creates the Investor Education and Protection Fund Authority to administer the IEPF, prescribes receipts to be credited to the Fund and their government accounting treatment, mandates maintenance of specified accounts and annual CAG audit, requires companies to identify and remit unclaimed amounts and to file Forms IEPF 1 and IEPF 2, establishes procedures for transfer of shares to an IEPF suspense account (including dematerialisation and duplicate certificate process), freezes voting rights on transferred shares, and sets out the online claim and refund process via Form IEPF 5 with company verification and Authority timelines.
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Provisions expressly mentioned in the judgment/order text.
Investor Education and Protection Fund Authority established with rules for remittance, share transfer to IEPF suspense account, audit and refund procedures.
Creates the Investor Education and Protection Fund Authority to administer the IEPF, prescribes receipts to be credited to the Fund and their government accounting treatment, mandates maintenance of specified accounts and annual CAG audit, requires companies to identify and remit unclaimed amounts and to file Forms IEPF 1 and IEPF 2, establishes procedures for transfer of shares to an IEPF suspense account (including dematerialisation and duplicate certificate process), freezes voting rights on transferred shares, and sets out the online claim and refund process via Form IEPF 5 with company verification and Authority timelines.
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