TaxTMI 
TaxTMI 
Unclaimed Dividend Fund
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....nclaimed Dividend Fund <br>News and Press Release<br>Dated:- 18-11-2016<br><BR>In accordance with section 205C of Companies Act, 1956 and the current Section 125 of Companies Act, 2013 specified categ....
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....ories of unclaimed and unpaid amounts, including the unclaimed dividends are required to be credited to Investor Education and Protection Fund (IEPF). The details of amounts credited to the IEPF, incl....
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....uding unclaimed dividends, in last three years and current year are as under: (Rs. in Crore) Year Amount 2013-14 189.96 2014-15 261.56 2015-16 223.42 2016-17 (Till 31.10.2016) 181.90 Amo....
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....unt credited to IEPF forms a part of the Consolidated Fund of India, from which the Ministry receives a separate budgetary allocation specifically for making refunds to eligible investors whose amount....
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....s have been credited to IEPF, as well as for creating investor awareness as per the mandate of the Companies Act. This was stated by Shri Arjun Ram Meghwal, Minister of State in the Ministry of Cor....
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....porate Affairs in written reply to a question in Lok Sabha today.<BR> News - Press release - PIB....