TaxTMI 
TaxTMI 
Investor Education and Protection FundAuthority (Accounting, Audit, Transfer and Refund)Second Amendment Rules, 2019
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....t from the 20th day of September, 2019. 2. In the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, (hereinafter referred to as the principle rules), in rule 2,- (i) in sub-rule (1), in clause (d), after the words "and includes any other entity which is required to transfer any fund to the Investor Education and Protection Fund in accordance with any Act or statute governing it" , the words "and any transferee company in respect of the assets and liabilities of transferor company" shall be inserted ; (ii) in sub-rule (1), in clause (da), for the word "namely", the word "including" shall be substituted ; (iii) in sub-rule (1), clause (g) shall be omitted. 3. In the principal rules, in rule 3,- (i) in sub-rule (4), in clause (a), the words, brackets and letter "except clause (g)" shall be omitted; (ii) in sub-rule (4), in clause (b), in sub-clause (ii), after the words "State Government", the words " the Central Government" shall be inserted. 4. In the principal rules, in rule 5,- (i) for sub-rule (1), the following sub-rule shall be substituted, namely:- "(1) ....
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.... (b) the nature of amount; (c) the amount to which each person is entitled; (d)the due date for transfer into the Investor Education and Protection Fund; and (e) such other information as may be considered necessary". 5. In the Principle rules, in rule 6- (i) in sub-rule (1), in the first proviso, after the worlds "any dividend warrant", the words "or any dividend amount has been credited to bank account of the owner of such shares" shall be inserted; (ii) in sub-rule (1), after third proviso, the following Explanation shall be inserted, namely:- "Explanation.- For removal of all doubts, it is hereby clarified that all shares in respect of which dividend has been transferred to Investor Education and Protection Fund on or before the 7th September 2016, shall also be transferred by the company in the name of Investor Education and Protection Fund"; (iii) for sub-rule (5) the following sub-rule shall be substituted, namely:- "(5) While effecting such transfer, the company shall send a statement to the Authority in Form No. IEPF-4 within thirty days of the corporate action taken under clause (c) of ....
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....shall be solely liable for all actions of any officer appointed as Deputy Nodal Officer: Provided also that in case a company fails to appoint Nodal Officer, every director of the company shall be deemed to be nodal officer and be liable for any failure to comply with requirement of these rules."; (iii) after sub-rule (2A), the following sub-rule shall be inserted, namely:- "(2B) The details of the Nodal Officer and Deputy Nodal Officer duly indicating his or her designation, postal address, telephone and mobile number and company authorized e-mail ID shall be communicated to the Investor Education and Protection Fund Authority in Form No. IEPF - 2 within fifteen days from the date of publication of these rules and the company shall display the name of Nodal Officer and his e-mail ID on its website: Provided that any change in the Nodal Officer or his details shall be communicated to the Authority through Form No. IEPF-2 within seven days of such change along with board resolution thereof."; (iv) for sub-rule (3), the following sub-rule shall be substituted, namely:- "(3) The company shall, within thirty days from the date of re....
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....verification report;(iii) The Company shall be solely responsible for collecting original physical share certificate or original bond or deposit or debenture certificate or proof of entitlement from the claimant and shall be liable for any misuse thereof."; (v) for sub-rule (7), the following sub-rule shall be substituted, namely:- "(7) Where the Authority, on examining any application for claim, finds it necessary to call for further information or finds such application or e-form or document to be defective or incomplete in any respect, the Authority shall give intimation of such information called for or defects or incompleteness, by e-mail on the email address of the claimant and the company, which has filed such application or e-form or document, directing him or it to furnish such information or to rectify such defects or incompleteness or to re-submit such application or e-Form or document within fifteen days from the date of receipt of such communication, failing which the Authority may reject the claim or e-form No. IEPF-5: Provided that if such information or incompleteness is called from the claimant, he shall file the e-form and shall send suc....
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..... 7. in rule 8, sub rules (1) and (2) shall be omitted. 8. The SCHEDULE shall be numbered as Schedule I and after Schedule I as so numbered, the following Schedules shall be inserted, namely:- Schedule II Documents to be submitted to the Authority to register transmission of securities A. Documentary requirement for securities held in physical mode 1. Where the shares are held singly with nomination: 1.1. Duly signed transmission request form by the nominee. 1.2. Original or copy of death certificate duly attested. 1.3. Self-attested copy of PAN card. 1.4. Original share certificate(s). 1.5. Any other government ID proof of the nominee. 2. Where the shares are held singly without nomination, the following documents in addition to the documents specified at paragraph 1 are required: 2.1 Affidavit from all the legal heirs made on appropriate non-judicial stamp paper- to the effect of identification and claim of legal ownership to the securities: Provided that in case the legal heir(s) or claimant(s) is named in the succession certificate or probate of will or Letter of Administration, an Affidavit fro....
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....s mentioned at (a) above, (i). No objection certificate from all legal heir(s) executed by all the legal heirs of the deceased holder(s) not objecting to such transmission (or) copy of Family Settlement Deed duly notarized and (ii). An Indemnity bond made on appropriate non-judicial stamp paper - indemnifying the STA or Issuer Company. 4.3 For value of securities more than Rs. 2,00,000 (Rupees Two lakh only) per issuer company as on date of application:Succession certificate or probate of will or letter of administration or court decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) B. Documentary requirement for securities held in DEMAT mode 1. Where the shares are held singly with nomination: 1.1. Duly signed transmission request form by the nominee. 1.2. Original or copy of death certificate duly attested 1.3. Self-attested copy of PAN card. 1.4. Copy of transaction statement duly certified by Depository Participant. 1.5. Any other government ID proof of the nominee. 2. Where the shares are held singly without nomination, the following documents in addition to the doc....
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....ant(s) alone would be sufficient. 4.2 For value of securities upto Rs. 2,00,000 (Rupees Two lakh only) per issuer company as on date of application, one or more of the following documents, namely:- (a) Succession certificate or probate of will or letter of administration or court decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) (b) In the absence of the documents as mentioned at (a) above, (i) No objection certificate from all legal heir(s) executed by all the legal heirs of the deceased holder(s) not objecting to such transmission (or) copy of Family Settlement Deed duly notarized and (ii) An Indemnity bond made on appropriate non-judicial stamp paper - indemnifying the STA or Issuer Company. 4.3 For value of securities more than Rs. 2,00,000 (Rupees Two lakh only) per issuer company as on date of application:Succession certificate or probate of will or letter of administration or court decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) Schedule III Documents to be submitted to the Authority in case of loss of securities held in physical mode. 1. Nota....
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....e value in the name of claimant as per Stamp Act (vi) Verification of the PAN details of the Claimant with Client Master List (CML) and with the Government data base. (vii) In case of claim related to physical securities, authentication of scanned copy of the certificate attached with Form No. IEPF-5 e-form by the company. (viii) Verification and matching of DEMAT Account No., Name of claimant, PAN, Address from the CML. (ix) Matching of CML of unclaimed suspense account in case the transfer of shares has taken place from the unclaimed suspense account from the company. Verification of transaction statement of the unclaimed suspense account of the company. At any point of time, details of every investor whose shares have been transferred from unclaimed suspense account, may be called from depository (x) The details of amount due to the claimant are to be verified from e form IEPF-1 or INV-1 or IEPF-1A. In case of non- availability of the data in MCA system, proportionate deductions in the refund amount can be made.". 3. In addition to the above, the authority may seek any other documents, clarification etc. from the claimant or the co....
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....h amount should have been credited to the fund [à¤à¤¾à¤— II-खणà¥à¤¡ 3(i)] à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण 29 Total 6. *Financial Year to which the amount relates Attachments List of attachments Attach 1. Optional attachments, if any. Declaration Remove attachment I have been authorized by the Board of directors' resolution number* sign and submit this form. Dated* (DD/MM/YYYY) To the best of my knowledge and belief, 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 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 DSC Box *Designation *DIN of the director; or PAN of the manager or CEO or CFO; or Membership number of the company secretary; or PAN of Authorized person of the bank Note: Attention ....
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....Matured deposits with companies (iii) Matured debentures with companies Sale proceeds of fractional shares arising out of issuance of bonus shares, merger and amalgamation Redemption amount of preference shares (g) (h) Grants and donation (i) Others Total 10. *Financial Year to which the amount related Attachments 1. *Copy of Challan Attach Amount (in Rupees) List of attachments Date by which amount should have been credited to the fund 2. Optional attachments, if any. Attach Remove attachment Declaration I have been authorized by the Board of directors' resolution number* to sign and submit this form. Dated * (DD/MM/YYYY) To the best of my knowledge and belief, 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 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 31 32 ....
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....ails (j) Gender Pin code (1) Mobile No. Do you want to cessate the Deputy Nodal Officer? *Details of Deputy Nodal Officer(s) (a) First Name (b) Middle Name (c) Last Name (d) Father's First Name (e) Father's Middle Name (f) Father's Last Name (g) Date of Birth (DD/MM/YYYY) (h) PAN (i) Designation Prefill Verify PAN Details 34 (j) Gender (j)Official Postal address Line I Line II THE GAZETTE OF INDIA: EXTRAORDINARY [PART II-SEC. 3(i)] City State (k) Phone (With STD/ISD code) (1)Mobile number (m) Email ID (n) Date of Board Resolution 4. (a) *Financial year ended (FY-7) Pin code (b) *Date of annual general meeting (AGM) or due date whichever is earlier 5. Whether registered with Reserve Bank of India (RBI) 6. Number of small shareholders of the company Yes No 7. Number of small depositors of the company MM/YYYY) 8. Details of unclaimed and unpaid amounts for previous seven years including current year S.No. Particulars 1. (b) Amount in the unpaid dividend accounts of companies No. of Underlying Shares for the Amount in the unpaid dividend com....
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.... thereunder in respect 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 DSC Box *Designation *DIN of the director; or PAN of the manager or CEO or CFO; or Membership number of the secretary; or PAN of Authorized person of the bank 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 Prescrutiny Submit This eForm has been taken on file maintained by the IEPF Authority through electronic mode and on the basis of statement of correctness given by the company [à¤à¤¾à¤— II-खणà¥à¤¡ 3(i)] à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण FORM NO. IEPF-4 [Pursuant to rule 6(5) and 6(8) of the Investor Education and Protection Fund Authority (Accounting, Au....
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.... IEPF Authority through electronic mode and on the basis of statement of correctness given by the company". [à¤à¤¾à¤— II-खणà¥à¤¡ 3(i)] à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण 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] 1. Particulars of the applicant सतà¥à¤¯à¤®à¥‡à¤µ जयते (a) *Category of the applicant Individual Others (b) *FirstName (c) Middle Name (d) *Last Name (e) *Father's First Name (f) Father's Middle Name (g) *Father's Last Name (h) *Date of Birth (i) *Name of Entity (j) *Date of Incorporation (k) *Address of the applicant 39 Application to the Authority for claiming unpaid amounts and shares out of Investor Education and Protection Fund (IEPF) (1) Phone number (m) *Mobile Number (n) *Email ID (0) Enter OTP for Mobile number (p) Enter OTP for Emai....
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....rised Copy of death certificate (f) Notarised Succession Certificate/Probate/will (g) No Objection Certificate from Other holder (h) Indemnity Bond, duly notarised. (i) Affidavit in form of surety. (j) Others Browse 41 Browse Browse Browse Browse Browse 42 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II-SEC. 3(i)] 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. I declare that I have not claimed/ will not claim, the shares and/or amount claimed under the same folio and/or for same financial year on any earlier occasion for this company. ☠I understand that I, am the claimant and after filing the refund claim in this form online, shall send the attachments prescribed below to Nodal Officer (IEPF) of the company at its registered office in an envelope marked “claim for refund from IEP....