IEPF

Investor Education and Protection Fund (IEPF) Recovery & Compliance Services

Unclaimed dividends, shares, and deposits often get transferred to the Investor Education and Protection Fund (IEPF) if not claimed within seven years. We assist individuals and companies in recovering such assets and ensuring compliance with IEPF regulations.

1. Recovery of Unclaimed Dividends, Shares & Deposits

If an investor does not claim dividends, matured deposits, or shares for seven consecutive years, companies are required to transfer these to the IEPF Authority. We assist investors and legal heirs in reclaiming these assets.

Eligible Recoverable Assets:

  • Unclaimed Dividends (Final & Interim)
  • Unpaid Matured Deposits & Debentures
  • Shares Transferred to IEPF
  • Application Money Due for Refund
  • Redemption Amount of Preference Shares
  • Sale Proceeds of Fractional Shares

Key Requirements for IEPF Recovery:

  1. Proof of ownership – Original dividend warrants, share certificates, or demat statements.
  2. KYC documents – PAN, Aadhaar, bank details of the claimant.
  3. Legal documentation – Succession certificate (if the claimant is a legal heir).
  • We handle the entire process, from document preparation to claim submission.

2. Filing of IEPF Claims & Liaising with Authorities

The process of recovering unclaimed shares, dividends, or deposits from IEPF involves multiple steps. We ensure a hassle-free recovery process by assisting with documentation and coordinating with authorities.

IEPF Claim Filing Process:

Step 1: Gather required documents (ID proof, bank details, dividend records, etc.).
Step 2: File IEPF Claim Form (Form IEPF-5) online.
Step 3: Submit a physical copy of the form along with supporting documents to the respective company’s Nodal Officer/Registrar & Transfer Agent (RTA).
Step 4: Verification by the company and approval from the IEPF Authority.
Step 5: Refund is credited directly to the claimant’s bank account.

  • Timeframe: IEPF recovery typically takes 3-6 months, depending on verification.

3. Advisory on Corporate Obligations Under IEPF Rules

Companies have statutory obligations under the IEPF Rules, 2016 to ensure timely compliance regarding unclaimed dividends and shares. We provide end-to-end advisory services to ensure compliance.

Key Corporate Responsibilities Under IEPF Rules:

  • Timely Transfer of Unclaimed Dividends & Shares – To IEPF after 7 years.
  • Annual IEPF Filings – Filing Form IEPF-1 & IEPF-2 for unclaimed amounts.
  • Maintenance of IEPF Records – Updating shareholder details and unpaid dividend accounts.
  • Facilitation of IEPF Claims – Assisting shareholders in claim verification.
  • Compliance with IEPF Authority Guidelines – Ensuring correct disclosures & corporate governance.