Investor Education and Protection Fund rules mandate transfer of shares to a DEMAT account and credit of benefits to the Fund. The amendments provide that all shares and resultant benefits transferred under section 90(9) shall be credited to a dedicated DEMAT account of the Authority within thirty days and transferred by companies as transmissions; companies must follow specified procedures for demat and physical shares, file Form IEPF-4 within thirty days with Tribunal order and declaration, preserve records for inspection, and remit dividends and proceeds (including from delisting or winding up) to the Fund with details filed in Form IEPF-7.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Investor Education and Protection Fund rules mandate transfer of shares to a DEMAT account and credit of benefits to the Fund.
The amendments provide that all shares and resultant benefits transferred under section 90(9) shall be credited to a dedicated DEMAT account of the Authority within thirty days and transferred by companies as transmissions; companies must follow specified procedures for demat and physical shares, file Form IEPF-4 within thirty days with Tribunal order and declaration, preserve records for inspection, and remit dividends and proceeds (including from delisting or winding up) to the Fund with details filed in Form IEPF-7.
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