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IEPFA PROCESS
How to dematerialise and transfer physical share certificates to legal heirs?ET Wealth Reader's Query: I recently found several bonds and share certificates in physical form belonging to my late father. How can I get...- Have unclaimed deposits, insurance, mutual funds? Government launches single portal to trace forgotten assetsThe Ministry of Finance has launched a new portal to help citizens find forgotten money. This initiative, called 'Your Money, Your Right', ...
- IEPFA plans faster payouts for low-value unclaimed shares, dividendsUnder the existing system, the authority then oversees claim settlements and verifications, with the relevant companies playing a key part ...
- Govt to revamp portal to speed up unclaimed shares and dividend payoutsThe government is upgrading its portal to quickly return unclaimed shares and dividends to investors. This new system will use artificial i...
- Proposal transfer of old shares for small investors in 30 daysIn a bid to enhance investor experience, the Investor Education and Protection Fund Authority is set to evaluate a proposal that would stre...
- Unclaimed shares: Why reclaiming dormant shares is a long, confusing journey for common equity investorsThe procedures intended to make it tough for fraud to be perpetuated are quite onerous for the common investor; especially when the rationa...
- Portal rollout soon for speedy transfer of unclaimed sharesThe corporate affairs ministry is launching an integrated portal this month to expedite the transfer of old unclaimed shares and dividends ...
- FM Nirmala Sitharaman to launch nationwide awareness campaign for unclaimed financial assets on October 4Finance Minister Nirmala Sitharaman will launch a three-month nationwide awareness campaign, 'Apki Poonji, Apka Adhikar', starting October ...
- MCA body aims at faster transfer of unclaimed sharesThe Investor Education and Protection Fund Authority (IEPFA) is set to accelerate the transfer of unclaimed shares and dividends to investo...
- MCA likely to simplify process for transfer of unclaimed sharesThe corporate affairs ministry plans to simplify documentation for transferring unclaimed shares and dividends to investors through the IEP...
- Financial sector regulators to work on universal KYCFinancial sector regulators, led by the RBI, are developing a universal KYC framework with the CKYCR to streamline verification processes. ...
- MCA, Sebi plan investor camps for faster transfer of unclaimed shares, dividendsThese and other planned initiatives follow a directive by finance and corporate affairs minister Nirmala Sitharaman to take swift remedial ...
- Swift transfer of unclaimed shares, dividends & debentures in worksThe Ministry of Corporate Affairs plans to launch an integrated portal by July-August for easier access to unclaimed dividends and shares. ...
- Dhirubhai Ambani’s signature will go to waste! Chandigarh man who found Rs 12 lakh worth Reliance shares plans to walk awayA Chandigarh resident discovered 37-year-old Reliance share certificates worth Rs 12 lakh but decided against digitization due to bureaucra...
- Investor Education and Protection Fund Authority draws plans to expedite investor claim settlementsSecurities, dividends and debentures that remain unclaimed for more than seven years are transferred by companies to the IEPFA under the co...
- MCA mulls faster transfer of old unclaimed shares to beneficiariesThe corporate affairs ministry is considering a faster method for transferring shares, dividends, and matured debentures in inactive accoun...
- Unclaimed shares? Grievances can be aired via video con soonAmong the fresh initiatives, the MCA will soon launch an integrated portal, as proposed in the budget for FY24, to enable investors to get ...
- Government to launch portal for unclaimed dividends, shares by FebruaryThe Investor Education and Protection Fund Authority (IEPFA), under the corporate affairs ministry, is also planning to ease the process fo...
- Govt eases claim settlement process under IEPFA"The new regime envisages a trust-based model for faster citizen-centric services and turnaround time. It is expected that with these chang...
- Getting back lost shares, dividends now made easierSo far, around Rs 200 crore has been restored to the rightful claimants to whom the funds belong.
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