https://www.taxtmi.com/article/detailed?id=10122 The MCA issued the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021, to simplify and accelerate refunds of unclaimed shares, dividends and other amounts under the Companies Act, 2013. Key claimant reliefs include waiver of Advance Receipt, replacement of notarisation with self attestation, eased affidavits and surety requirements, and relaxation of Succession Certificate/Probate/Will requirements up to a monetary threshold for physical and demat shares. Companies gain eased documentation for Unclaimed Suspense Accounts, flexibility to accept transmission documents per internal procedures, and an advertisement waiver for lost share certificates up to a threshold. en-us Tue, 21 Dec 2021 09:58:54 +0530 Tue, 21 Dec 2021 09:58:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10122 The MCA issued the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021, to simplify and accelerate refunds of unclaimed shares, dividends and other amounts under the Companies Act, 2013. Key claimant reliefs include waiver of Advance Receipt, replacement of notarisation with self attestation, eased affidavits and surety requirements, and relaxation of Succession Certificate/Probate/Will requirements up to a monetary threshold for physical and demat shares. Companies gain eased documentation for Unclaimed Suspense Accounts, flexibility to accept transmission documents per internal procedures, and an advertisement waiver for lost share certificates up to a threshold. Articles Corporate Laws / IBC / SEBI Tue, 21 Dec 2021 09:58:54 +0530 https://www.taxtmi.com/article/detailed?id=10122