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mohit876

What Happens to Unclaimed Shares After 7 Years - 0 views

What Happens to Unclaimed Shares After 7 Years? In India, thousands of investors are unaware that their investments in company shares can be declared unclaimed and transferred to the Investor Educa...

unclaimed shares after7 years

started by mohit876 on 13 Aug 25 no follow-up yet
mohit876

What Happens to Unclaimed Shares After 7 Years - 0 views

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    Unclaimed shares after 7 years are transferred to the Investor Education and Protection Fund (IEPF) under the Companies Act, 2013. This rule safeguards investor wealth and allows rightful owners or heirs to reclaim shares through a formal process. Learn why shares become unclaimed, the transfer procedure, and how to recover them.
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    After 7 years of remaining unclaimed, shares along with unpaid dividends are transferred to the Investor Education and Protection Fund (IEPF). The shareholder's name is removed from the company's records, and IEPF becomes the legal holder. However, original owners or their legal heirs can reclaim these shares by following the official IEPF claim process.
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    Unclaimed shares after 7 years are transferred to the Investor Education and Protection Fund (IEPF) under the Companies Act, 2013. This process safeguards dormant investor wealth, suspends shareholder rights temporarily, and allows rightful owners or heirs to reclaim them through the IEPF claim process using Form IEPF-5 and supporting documents.
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    Unclaimed shares after 7 years are moved to the Investor Education and Protection Fund (IEPF) as per the Companies Act, 2013. While shareholder rights are suspended, the rightful owner or legal heir can reclaim them through the IEPF claim process by filing Form IEPF-5 along with necessary documents to restore ownership and dividend benefits.
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