Amid stakeholder concerns, the government has decided to revise certain rules regarding Investor Education and Protection Fund (IEPF), including those related to transfer of shares. Citing practical ...
Do you have some money or shares that you forgot to keep track of, and is now locked with the IEPF? If that is the case, you would wonder what exactly can be done to reclaim the assets you rightfully ...
Question: I opened a demat and a bank account with ICICI when I started my career. I had purchased a couple of shares also in that demat account, but due to multiple relocations and job changes I ...
The finance ministry is considering amending the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, which governs public-sector banks (PSBs), to make suitable provisions for ...
Administrative agencies must be equipped and motivated to serve with efficiency and integrity. Otherwise, the promises made at the time of investment ring hollow when redemption becomes a battle, ...
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Cholamandalam announces share transfer to IEPF
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The Investors Education and Protection Fund (IEPF) was conceptualized to spread investor awareness and protect investor interests from any financial scams. Its mandate was also to refund to the ...
Recovery of shares from IEPF is concerned with retrieving such securities through the processes of transfer of shares, transmission of shares, retrieval of bonus shares and unclaimed dividends. Before ...
This is a step closer to setting up the IEPF -- under the Companies Act, 2013 -- which would be utilised for multiple purposes, including to distribute disgorged amount to eligible depositors who have ...
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