IEPFA Proposes Simplified Documentation for Low-Value Claims to Enhance ease of living
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....EPFA Proposes Simplified Documentation for Low-Value Claims to Enhance ease of living<BR>Corp. Laws, SEBI & IBC<BR>Dated:- 8-9-2025<BR><BR>Suggestions, once adopted, would be applicable to claims valued up to Rs.5 lakh (physical securities), Rs.15 lakh (demat securities), and dividends up to Rs.10,000, as suggested by the Committee The Investor Education and Protection Fund Authority (IEPFA), und....
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....er the Ministry of Corporate Affairs, had formed a Committee to review existing procedures and recommend reforms for simplifying documentation in low value claim cases. This initiative was expected to significantly reduce timelines, improve transparency, and provide hassle-free services to investors. The Committee comprised representatives from the Ministry of Corporate Affairs (MCA), the Investo....
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....r Education and Protection Fund Authority (IEPFA), the Securities and Exchange Board of India (SEBI), the Institute of Chartered Accountants of India (ICAI), the Institute of Cost Accountants of India (ICMAI), the Institute of Company Secretaries of India (ICSI), the Federation of Indian Chambers of Commerce and Industry (FICCI), the PHD Chamber of Commerce and Industry (PHDCCI), the Confederation....
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.... of Indian Industry (CII), and the Registrar Association of India (RAIN). The Committee had submitted its report to the IEPFA. The suggestions, once adopted by IEPFA, would have been applicable to claims valued up to Rs.5 lakh (physical securities), Rs.15 lakh (demat securities), and dividends up to Rs.10,000, as suggested by the Committee. About IEPFA The Investor Education and Protection Fund....
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.... Authority (IEPFA) was established on September 7, 2016, under the Ministry of Corporate Affairs, Government of India. IEPFA is responsible for managing the Investor Education and Protection Fund, which focuses on safeguarding investor interests by facilitating the refund of shares, unclaimed dividends, and matured deposits/debentures. Through its initiatives, the IEPFA aims to ensure transparency....
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...., protect investors' rights, and promote financial literacy across the country. Find out more at: www.iepf.gov.in<BR> News - Press release - PIB....