TaxTMI 
TaxTMI 
Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016
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....; "Chairperson" means the chairperson of the authority appointed under sub-section (6) of section 125 of the Act; (d) "Company" means company as defined in sub-section (20) of section 2 of the Act and includes 'corresponding new bank' as defined in sub-section (d) of section 2 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970) and clause (b) of section 2 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980); (e) "Existing IEPF" means the Investor Education and Protection Fund (IEPF) constituted under section 205C of the Companies Acts 1956 (1 of 1956); (f) "Fund" means the Investor Education and Protection Fund (IEPF) constituted under section 125 of the Act; (g) "Investor" means any person, who has committed money in shares, or debentures, bond or deposits under a scheme or plan of a company registered under the Act; (h) "Member" means member of the Authority appointed under sub-section (6) of section 125 of the Act; and (i) "Section" means the sect....
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....llowing heads of Accounts:- Major Head 0075 - Miscellaneous General Services Minor Head 104 - Unpaid dividend Of Companies. (ii) Grants and donations given to the Fund by the State Governments, Companies or any other institutions for the purpose of the Fund as also the interest or other income received out of the Investments made from the Fund shall be credited to a separate sub-head under "800 - Other Receipts" below the MH 0075 - Misc. General Services. (iii) Amount booked under the above receipt head shall be transferred to the Fund account under Major Head '8235 - General and other Reserve Fund - 116 -IE & PF' by the PAO, Ministry of Corporate Affairs after making suitable budget provision under Major Head '3451 - Secretariat Economic Services 797 - Transfer to Reserve Fund Deposit Account - Transfer to Investor's Education and Protection Fund'. In case the amounts of receipts in a year is more than the budget provision made under Major Head 3451 transfer to the Fund, the difference shall be transferred to the Fund in subsequent year, after obtaining approval of the Budget Division of Department of Economic Affairs and after making ....
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....of the Act shall be remitted into the specified branches of Punjab National Bank, which is the accredited Bank of the pay and Accounts Office, Ministry of Corporate Affairs and Other authorised banks engaged by the MCA-21 system, within a period of thirty days Of such amounts becoming due to be credited to the Fund. (2) The amount shall be tendered by the Companies along with challan (in triplicate) to the specified Bank Branches Of Punjab National Bank and other authorised banks under MCA- 21 system who will return two copies of the challan, duly stamped in token Of having received the amount, to the Company. The third copy of the challan Will be forwarded along with the daily credit scroll by the receiving branch to its Focal Point Branch of the Bank for Onward transmission to the pay and Accounts Office, Ministry Of Corporate Affairs. (3) Every company shall file with the concerned Authority one copy Of the challan referred to in sub-rule (2) indicating the deposit of the amount to the Fund and shall fill in the full particulars of the amount tendered. including the head Of account to which it has been credited. (4) the company Shall, along with the copy of ....
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.... (e) Such other information as may be considered relevant for the purposes. 6. Manner of transfer of shares under sub-section (6) of section 124 to the Fund. (l) The shares shall be credited to an IEPF suspense account (on the name of the company) with one of the depository participants as may be identified by the Authority within a period of thirty days of such shares becoming due to be transferred to the Fund: Provided that, in case the beneficial owner has encashed any dividend warrant during the last seven years, such shares shall not be required to be transferred to the Fund even though some dividend warrants may not have been encashed. (2) For the purposes of effecting transfer of such shares, the Board shall authorise the Company Secretary or any other person to sign the necessary documents. (3) The company shall follow the following procedure, namely:- (a) The shall inform at the latest available address, the shareholder concerned regarding transfer of shares three months before the due date of transfer of shares and also simultaneously publish a notice in the leading newspaper in English and regional language having wide circul....
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....e certificates. the Company Secretary or the person authorised by the Board, shall sign the necessary Form No. SH 4 i.e„ securities transfer Form as specified in the Companies (Share Capital and Debentures) Rules, 2014, for transferring the shares in favour of the Fund; (v) on receipt of the duly filled transfer forms along with the duplicate share certificates, the Board or its Committee shall approve the transfer and thereafter the transfer of shares shall be effected in favour of the Fund in the records of the company. (4) The company or depository, as the case may be, shall preserve copies of the depository instruction slips, transfer deeds and duplicate certificates for its records (5) While effecting such transfer. the company shall send a statement to the Fund in Form NO. IEPF 4 containing details of such transfer. (6) voting rights on shares transferred to the Fund shall remain frozen until the rightful owner claims the shares: Provided that for the purpose of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the shares which have been transferr....
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....bsp;along with fee, as decided by the Authority from time to time in consultation with the Central Government, under his own signature. (2) The claimantshall after making an application online in Form IEPF-5 under rule (1) send the same duly signed by him along with, requisite documents as enumerated in Form IEPF-5 to the concerned company at its registered Office for verification of his claim. (3) The company shall. within fifteen days of receipt of claim form, send a verification report to the Authority in the format specified by the Authority along with all documents submitted by the claimant. (4) After verification of the entitlement of the claimant- (a) to the amount claimed, the Authority and then Drawing and Disbursement Officer of the Authority shall present a bill to the Pay and Accounts Office for e- payment as per the guidelines. (b) to the shares claimed. the Authority shall issue a refund sanction order with the approval of the Competent Authority and shall either credit the shares which are lying with depository participant in IEPF suspense account (name of the company) to the demat account of the claimant to the exte....
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....f financial year giving details of who have failed to transfer the due amount to the Fund. (4) Authority shall also furnish a report to the Central Government by end of next financial year giving details of companies who have failed to file information referred to in sub-rule (8) of rule 5. 9. Transfer of assets, liabilities, etc., of the existing IEPF to the Authority.- On and from the date of establishment of the Authority,- (a) any reference to the existing IEPF in any law other than these rules or in any contract or other instrument shall be deemed as a reference to the Authority; (b) all properties and assets, movable and immovable, of, or belonging to, the existing IEPF, shall vest in the Authority; (c) all rights and liabilities of the existing IEPF shall be transferred to, and be the rights and liabilities of the Authority; (d) without prejudice to the provisions of clause (c), all debts, obligations and liabilities incurred, all contracts entered into and all matters and things engaged to be done by, with or for the existing IEPF immediately before that date, for or in connection with the purpose of the said existing IE....
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....aim Register (x) Refund Register (xi) Suspense Register (xii) Documents Register (xiii) Any Other register or Book as decided by Authority [F.No. 05/27/2013-IEPF] Amardeep Singh Bhatia, Joint Secretary ============= Document 1 FORM NO. IEPF-1 [Pursuant to rule 5(4) of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer सतà¥à¤¯à¤®à¥‡à¤µ जयते and Refund) Rules, 2016] Form language o English o Hindi Statement of amounts Investor credited to Education and Protection Fund Refer instruction kit for details. Note 1 - Please adhere to the 'Process for uploading Investor-wise details' as mentioned on the Acknowledgment, to be generated upon upload of this eForm, Note 2-Please take a note that this form has to be filled only for one Financial Year at a time. Note - All fields marked in are to be mandatorily filled. 1.(a) Corporate identity number (CIN) of company/ Bank Corporate Identification number (BCIN) (b) Global Location Number (GLN) of company 2. (a) Name of the company/bank (b) Addre....
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.... IEPF Authority through electronic mode and on the basis of statement of correctness given by the company. FORM NO. IEPF-2 [Pursuant to rule 5(8) of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016] सतà¥à¤¯à¤®à¥‡à¤µ जयते Statement of unclaimed and unpaid amounts Form language o English o Hindi Refer instruction kit for details. Note 1 - Please adhere to the 'Process for uploading Investor-wise details' as mentioned on the Acknowledgment, to be generated upon upload of this eForm. Note- All fields marked in are to be mandatorily filled. 1.(a) Corporate identity number (CIN) of company/ Bank Corporate Identification number (BCIN) (b) Global Location Number (GLN) of company Pre fill 2. (a) Name of the company/bank (b) Address of registered office of the company/bank (c) "email id of the company/bank 3. (a) Financial year ended (DD/MM/YYYY) (b) "Date of annual general meeting (AGM) or Due date whichever is earlier (DD/MM/YYYY) 4. "Whether registered with Reserve Bank of India (RBI) Yes No 5. Numbe....
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....IN) (b) Name of the company/bank (c) Address of registered office of the company/bank Statement of shares and the and unclaimed or unpaid dividend not transferred to Investor Education Protection Fund Pre fill (d) email id of the company/bank 2. Details of shares and dividend not transferred to IEPF account *Total number of shares Total nominal amount of the shares Total amount of unpaid dividend on such shares 3. *Financial year ended as on 4. Details of shares and dividend *Number of entries/cases (DD/MM/YYYY) Folio No./ DP ID- Client ID- Account number Category Kind of shares Nominal amount shares Amount of Financial of unclaimed and unpaid dividend Name of the Date of order year which relates to court/ it tribunal/ authority Attachments 1. *Order of the court/tribunal/statutory authority; 2. Optional attachments, if any List of attachments Attach Attach Remove attachment Declaration I have been authorized by the Board of directors' resolution numb (DD/MM/YYYY) Dated to sign and submit this form. To the best of my knowledge and belief....
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.... of the subject matter of this form and matters incidental thereto have been complied with. I also declare that all the information given herein above is true, correct and complete including the attachments to this form and nothing material has been suppressed. To be digitally signed by *Designation DSC Box *DIN of the director; or Income-tax permanent account number of the manager or CEO or CFO; or Membership number of the secretary Note: Attention is also drawn to provisions of Section 448 and section 449 of Companies Act, 2013 which provide for punishment for false statement and false evidence. Modify Check Form Presciutiny Submit This eform has been taken on file maintained by IEPF Authority through electronic mode and on the basis of statement of correctness given by the company. FORM NO. IEPF-5 [Pursuant to sub-section (3) of section 125 of the Companies Act, 2013 and rule 7(1) of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016] Form language O English O Hindi Refer instruction kit for details. सतà¥à¤¯à¤®à¥‡à¤µ ज....
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....) Type of account O Saving O Current (e) IFSC code 7. Demat account number Declaration I declare that all the requirements of Companies Act, 2013 and the rules made thereunder in respect of the subject matter of this form and matters incidental thereto have been complied with. I further declare that all the information given herein above is true, correct and complete including the attachments to this form and nothing material has been suppressed. nderstand that I, am the claimant and after filing the refund claim in this form online, shall to send the attachments prescribed below to Nodal Officer(IEPF) of the company at its registered office in an envelope marked "claim for refund from IEPF Authority" for initiating the verification for claim 1. Print out of duly filled claim form with claimant signature 2. Copy of acknowledgement 3. Indemnity Bond (original) with claimant signature 4. AdvanceStamped receipt (original) 5. In case of refund of matured deposit or debenture, original certificate thereto 6. Copy of Aadhaar Card 7. Proof of entitlement (certificate of share/Interest warrant Application No. etc.) 8. Cancelled Ch....