Filing of Form IEPF-5

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Syed Hasan Safdar

Syed Hasan Safdar (Querist)
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24 November 2022 Can a CA fill up form IEPF-5 on behalf of his /her Client?

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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07 July 2024 Yes, a Chartered Accountant (CA) can fill up Form IEPF-5 on behalf of their client. Form IEPF-5 is used for claiming the unpaid or unclaimed amounts to be credited to the Investor Education and Protection Fund (IEPF) Authority. Here’s how a CA can assist in this process:

1. **Authorization**: The CA should have authorization from their client to file Form IEPF-5 on their behalf. This authorization can be in the form of a power of attorney or any other legal document allowing the CA to act on behalf of the client.

2. **Accuracy and Compliance**: The CA should ensure that all information provided in Form IEPF-5 is accurate and complies with the requirements specified by the Ministry of Corporate Affairs (MCA). This includes details such as the amount claimed, the nature of the claim, supporting documents, and other relevant information.

3. **Submission**: The CA can submit Form IEPF-5 electronically through the MCA portal or any other specified platform for such filings.

4. **Verification and Sign-off**: Before submission, the CA should verify the details provided in the form and ensure that all required fields are properly filled. The form typically requires the signature of the claimant or their authorized representative (in this case, the CA).

5. **Documentation**: The CA should maintain proper documentation of the filing process, including a copy of the filled Form IEPF-5, supporting documents, and any communication with the client and authorities regarding the claim.

It’s important for the CA to stay updated with the latest guidelines and notifications issued by the MCA regarding the filing of Form IEPF-5 to ensure compliance and avoid any delays or issues in processing the claim.

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