IEPF unclaimed shares
If you are looking for solutions for your IEPF unclaimed shares, Unpaid/Unclaimed Dividend or Procedure for Transfer of Shares to IEPF or queries related to IEPF Demat Account, then you are at the right place. In this post we will provide a practical element of the method for transferring shares to the IEPF authority, as well as sample documents used in this process. The IEPF Authority was established with the goal of increasing financial investor awareness and educating them. IEPF unclaimed shares can be easily transferred to clients' accounts via a simple process.
Procedure for Transfer of Shares to IEPF
Completion of Transmission process from Company
Claimant to Authority
Claimant to Company
Company to Authority
Authority to Claimant
For shares in demat form or IEPF unclaimed shares or Unpaid/Unclaimed Dividend once the above-mentioned data is received, the Company should notify the depositories through RTA via Corporate Action Forms for the transfer of shares to the IEPF authority corresponding Demat Account. Depositories also levy fees, which must be paid for the transfer of shares in the IEPF Demat Account.
In this article we have explained the procedure for Transfer of Shares to IEPF and recovery of IEPF unclaimed shares in IEPF Demat Account. Hope you got a basic understanding through our article. For IEPF unclaimed shares, Unpaid/Unclaimed Dividend or Procedure for Transfer of Shares to IEPF MUDS Management is the one-stop solution for all corporate law related problems.