IEPF Share Transfer: How To Claim Transferred Share
When all shares of any company or shareholder remain unclaimed and not encashed for the long seven consecutive years or more, that company has to transfer those properties to the Investor Education and Protection Fund or IEPF. The government of India established the organization of IEPF. We will discuss the procedure for claiming any transferred shares in this blog. If you are interested in the share market or are a businessman, you may find this blog useful. Let's discuss! ● Procedure Of The Shareholders or Claimant Some steps need to be followed by the claimant for an IEPF refund . Those steps are: Step 1: You must open a Demat Account with NSD/CDSL. When IEPF releases your shares, they will release them in your Demat Account. Step 2: Go to the official website of IEPF and download the IEPF-5 form. Step 3: Fill out the entire form carefully and submit it as per the instruction on the website. Step 4: If you successfully upl