What is IEPF? Why are shares and dividends transferred to IEPF?

 IEPF stands for Investor Education and Protection Fund.

Set up by the Ministry of Corporate Affairs (MCA) under Section 125 (1) of the Companies Act 2013, Investor Education and Protection Fund (IEPF), is a government body which was established by the central government to educate investors about their investments, protection of interests and to manage the unclaimed dividends and other securities of companies.

As per Section 124 (5) of Companies Act 2013 any dividend which is lying unclaimed for 7 consecutive years is bound to be transferred to the IEPF.

Also, as per Section 124 (6) of  Companies Act 2013 all shares in respect of which dividends have not been claimed for 7 or more consecutive years will also be transferred to the IEPF.


 IEPF
Location: Delhi, India

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