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. Any person, whose unclaimed or unpaid amount has been transferred by the company to IEPF may claim their refunds.
IEPF – CLAIM YOUR UNPAID DIVIDEND AND SHARES
If you or your family have funds lying with IEPF, it is time to track and claim your dues.
Crores of rupees in unclaimed money – right from old Equity Shares amounts to share application money, Dividend, Debentures, Interest of Debentures and many more – is piling up but rightful owners are yet to get their hands on it.
Recently the government has decided to take those shares in which dividends and corporate benefits were unclaimed for the last seven years. There are several reasons why the dividend does not get claimed.
- You might have lost track of the funds owed to you.
- Or a company/financial institution might have failed to locate you for dividend payment as contact and bank details change over the years but are not updated on a regular basis.
- Even nominees and legal heirs may fail to stake a claim if they are not aware of such assets – it is often the case if one dies without making a will.
- You were not aware of the investments made by your parents/; neither you had the complete records of those investments.
Any dividend remaining unclaimed for a period of 7 (seven) consecutive years will be transferred by the Company to the Investor Education and Protection Fund (IEPF) established by the Central Government.
As per the current regulations, dividends declared by companies/mutual funds must be claimed by investors within 30 days of the notification failing which the entire amount will be transferred to a new ‘unpaid dividend account’ within the next seven days. Investors can claim that amount from this new account during the next seven years
We are assisting all investors for getting back there and dividend share from Government of India (GOI). The process for receiving the shares back from GOI is tedious and long legal process that we have to comply with. In case, you need the assistance for same, you are advised to contact us for the services and join hand with us.