The ownership of shares where a dividend has been unclaimed for a continuous 7-year period gets transferred to Investor Education & Protection Fund (IEPF)
Even though the investor may be in possession of the share certificates, if the shares have been transferred to IEPF then the shares cannot be dematerialized or sold.
1. | Getting the KYC of the shareholder(s) registered |
---|---|
2. | Obtaining a Letter of Entitlement from the Registrar which gives yearwise details of dividend amounts that are unclaimed |
3. | Creating a Login ID at Ministry of Corporate Affairs (MCA) Portal |
4. | Filling Form IEPF-V online after logging in through the credentials created at Step-3 above |
5. | Printing the SRN Acknowledgement after successful upload of IEPF-V form |
6. | Sending the hard copies of filled IEPF-V Form, SRN Acknowledgement, Share Certificates, KYC Documents, IEPF Affidavit & Indemnity Bond, etc. by courier to the Nodal Officer of the Company |
7. | The Company will verify the claim documents and forward the Verification Report to IEPF |
8. | IEPF will again verify the claim documents and send approval of claim application to the shareholder through email |
9. | A few after the approval notification email, the shares will be credited to the investor’s demat account |
Please note that if there is any death claim (Transmission) or duplicate certificate issue requirement, then these procedures have to be done before applying for IEPF claim. The Letter of Entitlement in favour of the surviving shareholder(s) / claimant(s) have to be obtained first.
VIKRAM PURI
2022-08-08Very happy with the services and follow up. Excellent service . Complete guidance and support. My experience with Monica ji was very good. Wish her the best for the future. Keep it up.
KULDEEP MATHUR
2022-07-28Tapan Sharma
2022-07-07Very good service I am very happy with your company my work has been done very well thank you
Sangeeta Walecha
2022-06-13Thanks to the team of Deepam marketing ... Specially I would like to thank Sarita mam for her great.. valuable nd quick support . God bless ..
Rajinder Kaul
2022-06-06It is been great experience to work with them. Investments lying unattended at my end, were smoothly redeemed by them. Thx
Amarinder Kumar Maggu
2022-06-02My experience with Deepam has been excellent, especially dealing with Sabia. Have lots of matters going on with them and I’m sure with their support will have all my problems solved. They are good team Best Wishes for them, always
Nikunj Jain
2022-06-02vinod ahuja
2022-05-30Expert Calls Await!