https://www.taxtmi.com/circulars?id=66953 The framework requires Investment Managers to transfer distribution amounts unpaid or unclaimed fifteen days after declaration into an escrow-styled Unpaid Distribution Account within seven working days, designate a Nodal Officer, publish searchable details on the InvIT website, and maintain claim policies and records. Amounts unclaimed for seven years must be transferred, with accrued interest, to the Investor Protection and Education Fund (IPEF) within thirty days; defaults attract prescribed penalties. Unitholders must claim from the InvIT, which may pay and then seek reimbursement from IPEF using prescribed forms; the Board will verify refund applications and may require further information. en-us Wed, 08 Nov 2023 00:00:00 +0530 Thu, 09 Nov 2023 10:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66953 The framework requires Investment Managers to transfer distribution amounts unpaid or unclaimed fifteen days after declaration into an escrow-styled Unpaid Distribution Account within seven working days, designate a Nodal Officer, publish searchable details on the InvIT website, and maintain claim policies and records. Amounts unclaimed for seven years must be transferred, with accrued interest, to the Investor Protection and Education Fund (IPEF) within thirty days; defaults attract prescribed penalties. Unitholders must claim from the InvIT, which may pay and then seek reimbursement from IPEF using prescribed forms; the Board will verify refund applications and may require further information. Circulars SEBI Wed, 08 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66953