MCA & IEPFA further simplifies IEPFA Claim Settlement Process

CS Lalit Rajput | Last updated: 13 November 2021

Save Share

Quick Summary

The Ministry of Corporate Affairs (MCA) and the Investor Education and Protection Fund Authority (IEPFA) have significantly simplified the process for shareholders to claim refunds of unpaid or unclaimed dues. New rules relax requirements for documents like succession certificates and remove the need for notarisation, opting instead for self-attestation. These changes aim to make the refund process quicker and more accessible for citizens, aligning with the government's 'Ease of Living' and 'Ease of Doing Business' initiatives.

Ministry of Corporate Affairs has further simplified claim settlement process through rationalization of various requirements under Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 with the mission and vision of Government of India of Ease of Livi

Daily Limit Reached

You have reached your daily limit of 2 Free Articles

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?

No Ads
WhatsApp Community
Daily E-Newsletter
Unlimited Articles Access
Profile Visitors
Link Social Profiles
Featured Job Posts
Pro Badge
Expert GST Guidance
Unlimited Forum Replies
Download Content in PDF

BEST VALUE

2 YEAR PLAN

3,499

(Excl. of GST ₹629)

1 YEAR PLAN

1,999

(Excl. of GST ₹359)

3 MONTHS PLAN

999

(Excl of GST ₹179)

View all CCI PRO benfits

Already a PRO member? Login here for an ad-free experience.

1067 Views Comment Share Corporate Law Report

About the Author

CS Lalit Rajput

Company Secretary

Company Secretary having 8+ years of post qualification experience in the Compliance Management Services industry by serving Corporates including Listed Companies, Corporate Secretarial Firms and LLP. Have a keen interest in the Corporate Governance and Compliance Management and the soaring craving to learn everyday. A ... Read more

View Articles

Comments :