Share Samadhan

  Perhaps it has come to your mind regarding what will be the fate of those unclaimed shares, dividends, or any cash which you have lost in frauds or scams. Maybe your parents or grandparents have already made some investments regarding which you are not mindful. How would it be possible for you to reclaim it after finding it out? The answer to this question will be the Investor Education Protection Fund Authority which has been established by the Indian government. All the unclaimed cash will become transferred to this body, and it is possible for the investors to claim an unclaimed dividend transfer to IEPF by following a particular process. What is transferred to IEPF? Something that has not been claimed for as many as seven years will be transferred to the IEPF, and below, we have provided some examples. •             The application money that the companies receive for allotting any securities. •             Unclaimed shares that have been lying for many years in Demat

  There are many people out there who need to reclaim any shares, dividends, debentures, deposits, and mutual funds that never reach them. They have ended up losing or misplacing their documents and certificates or they might have completely forgotten about them. In this case, a question might arise on how to find any unclaimed dividend. It can be a difficult task to regain these types of benefits since most of us do not have adequate knowledge of the procedure that has to be performed. What exactly is IEPF? IEPF (Investor Education and Protection Fund) is meant to promote the investors’ interests in the country. Any dividend which is unclaimed or unpaid for 7 years from the transfer date to a special account will be transferred to IEPF along with interest. Which amount is transferred to IEPF? Unclaimed dividend transfer to IEPF  consists of the following: • The amount in the companies’ unpaid dividend account which remains unclaimed or unpaid for 7 years • Matured deposits with organi