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TRANSFER OF UNCLAIMED DIVIDENDS
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', ...
Do you have unclaimed dividends with State Bank of India? You need to do this by February 16, 2025State Bank of India (SBI) shareholders have until February 16, 2026, to claim unpaid or unclaimed dividends pending for seven years or more...
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 ...
RIL shareholders: How to claim your unpaid dividends before they're transferred to IEPFReliance Industries informs shareholders about unclaimed dividends. Dividends unclaimed for seven years will be transferred to the Investor...
Indian Oil to transfer unclaimed shares of investors to govt fund by this date: How to check if your name is on the listIf you haven't claimed dividends on Indian Oil shares for seven consecutive years or more, the shares will be moved to a government fund. H...
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...
Have unclaimed dividends and shares? You can recover themAccording to industry estimates, around ₹55,700 crore of shares and dividends have been shifted to the government's Investor Education and ...
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 ...
Rs 35,000 crore unclaimed deposits: Check out, your money could be lying hereA deposit is considered to be unclaimed if there has been no activity on it for ten years or longer, such as a deposit of funds or a withdr...
Soon, it may take a week to reclaim IPEF a/c sharesThe IPEF authority, which falls under the Ministry of Corporate Affairs, plans to introduce a green channel through which investors will be...
All you need to know about unclaimed money in mutual fundsWhen an investor fails to encash a redemption or dividend cheque before it becomes invalid, the amount is categorised as unclaimed.
Sebi probes agents cashing in on unclaimed shares of deceasedThe fraud is suspected to be carried out by agents in connivance with employees of share transfer agencies, companies, banks and some gover...
Unclaimed dividend of Rs 857 crore lying with companies: GovernmentThe unclaimed and unpaid amounts lying with companies were on account of dividends, matured deposits, debentures, among others.
Unclaimed investment funds of Rs 3,454 crore lying with companies: GovernmentThe unclaimed and unpaid amounts lying with companies were on account of dividends, matured deposits, debentures, among others.
Government to issue rules on unclaimed dividendsGovt is likely to seek better discipline from cos on unclaimed investor funds that they may be holding on account of deposits or dividends.
Unclaimed dividend of Rs 1,101 crore lying with companies; RIL tops listMoney lying unclaimed in this 'unclaimed dividend account' for 7 years gets transferred to the Investor Education and Protection Fund.
Government receives Rs 44 crore in 3 years as unpaid dividend by companiesGovt today said it has received about Rs 44 crore from companies holding up unpaid and unclaimed dividends among others in the last three y...
- Claim your dividends before it gets too late
Following the amendment to Section 205B and insertion of Section 205C in the Companies Act,
- Govt clarifies on unpaid, unclaimed dividend
The government on Sunday said unpaid and unclaimed dividend for seven years and not three years need to be put in Investor Education and Pr...