Investor Education and Protection Fund.

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.... by the Central Government, State Governments, companies or any other institution for the purposes of the Fund;           (c) the amount in the Unpaid Dividend Account of companies transferred to the Fund under sub-section (5) of section 124;           (d) the amount in the general revenue account of the Central Government which had been transferred to that account under sub-section (5) of section 205A of the Companies Act, 1956, (1 of 1956. ) as it stood immediately before the commencement of the Companies (Amendment) Act, 1999, (21 of 1999.) and remaining unpaid or unclaimed on the commencement of this Act;         &....

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....ned unclaimed and unpaid for a period of seven years from the date it became due for payment.      (3) The Fund shall be utilised for-           (a) the refund in respect of unclaimed dividends, matured deposits, matured debentures, the application money due for refund and interest thereon;           (b) promotion of investors' education, awareness and protection;           (c) distribution of any disgorged amount among eligible and identifiable applicants for shares or debentures, shareholders, debenture-holders or depositors who have suffered losses due to wrong actions by any person, in a....

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....tive officer, as the Central Government may appoint.      (6) The manner of administration of the Fund, appointment of chairperson, members and chief executive officer, holding of meetings of the authority shall be in accordance with such rules as may be prescribed.      (7) The Central Government may provide to the authority such offices, officers, employees and other resources in accordance with such rules as may be prescribed.      (8) The authority shall administer the Fund and maintain separate accounts and other relevant records in relation to the Fund in such form as may be prescribed after consultation with the Comptroller and Auditor-General of India.  &nb....