Investor Education and Protection Fund (IEPF) is for promotion of investors’ awareness and protection of the interests of investors. This website is an information providing platform to promote awareness, and it does not offer any investment advice or evaluation.
investor education and protection fund or IEPF is a fund set up under the Section 205C of the Companies Act, 1956 to pool all the dividends of the Asset Management Companies, matured deposits, share application interests or money, debentures, interests, etc. that are unclaimed for seven years. All the money collected from the mentioned sources has to be transferred to IEPF. Investors, who are trying to seek a refund for their unclaimed rewards can now do so from the Investor Protection and Education Fund (IEPF). The fund has been set up under the guidance of SEBI and Ministry of Corporate Affairs India.. Read more at: https://www.fincash.com/l/investor-education-and-protection-fund-iepf
As mentioned above, the Ministry of Corporate Affairs was responsible for setting up of IEPF. But, in 2016, the Ministry of Corporate Affairs notified IEPF to allow investors to seek a refund on their unclaimed rewards. For claiming such amount, they have to fill the IEPF-5 along with the required documents of the website of the IEPF. The dividends or corporate benefits that are unclaimed for seven years are pooled into the fund. But previously, there was no provision for the claims of genuine investors. This issue was brought up and legally fought for over a decade and a half. This has finally resulted in a decision in favour of genuine investors.. Read more at: https://www.fincash.com/l/investor-education-and-protection-fund-iepf
IEPF
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Investors Education and Protection Fund
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