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Investor Education and Protection Fund
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....nvestor Education and Protection Fund <br>News and Press Release<br>Dated:- 9-12-2016<br><BR>In accordance with section 205C of Companies Act, 1956 now replaced with Section 125 of Companies Act, 2013....
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.... specified categories of unclaimed and unpaid amounts including the unclaimed dividends are required to be credited to Investor Education and Protection Fund (IEPF). The amount credited to IEPF is not....
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.... directly available for utilization as it forms part of the Consolidated Fund of India (CFI). The Ministry receives a separate budgetary allocation for making refunds to eligible Investors whose amoun....
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....ts have been credited to IEPF as well as for creating investor awareness as per the mandate of the Companies Act. During the current financial year an amount of ₹ 105 lakh has been sanctioned f....
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....or organizing Investors Awareness Programmes (IAPs) in association with the three Professional Institutes, namely Institute of Chartered Accountants of India, Institute of Company Secretaries of India....
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...., Institute of Cost Accountants of India with the objective of creating awareness amongst the investors. Sufficient budgetary allocation is made to meet the requirement of expenditure against IEPF. ....
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....This was stated by Shri Arjun Ram Meghwal, Minister of State for Corporate Affairs in written reply to a question in Lok Sabha today.<BR> News - Press release - PIB....