Refund of Shares from IEPF - Reliance Industries Ltd.
This query is : Resolved
25 July 2022
Sirs
18 nos Bonus shares have been allotted to me but these shares are not physically with me as these were "Undelivered" and still with the Registrar.
May I claim these shares along with "Unpaid Dividend" from IEPF in "IEPF Form 5" ?
Regards
Biplab Chakraborty
18 nos Bonus shares have been allotted to me but these shares are not physically with me as these were "Undelivered" and still with the Registrar.
May I claim these shares along with "Unpaid Dividend" from IEPF in "IEPF Form 5" ?
Regards
Biplab Chakraborty
10 July 2024
Yes, you can claim both the bonus shares and any unpaid dividend from the Investor Education and Protection Fund (IEPF) through Form IEPF-5, provided they meet certain conditions and procedures. Here’s how you can proceed:
1. **Bonus Shares:**
- Bonus shares that have been allotted to you but are undelivered and still with the registrar can be claimed from the IEPF.
- Ensure that you have all relevant documents such as allotment advice, communication from the company or registrar confirming the allotment but non-receipt, and any other supporting documents.
2. **Unpaid Dividend:**
- If there is any unpaid dividend associated with these shares, you can also claim this along with the shares.
3. **IEPF Form 5:**
- Form IEPF-5 is used for claiming shares and dividends transferred to the IEPF. You need to fill out this form accurately and submit it to the IEPF Authority along with supporting documents.
- Documents required typically include proof of entitlement (like allotment advice or similar documents), identity proof, address proof, and other relevant documents as specified in the form and guidelines.
4. **Procedure:**
- Obtain Form IEPF-5 from the IEPF website or authorized sources.
- Fill out the form completely and accurately with all necessary details.
- Attach supporting documents mentioned in the form, such as proof of entitlement (allotment advice), identity proof, address proof, etc.
- Submit the form and documents to the IEPF Authority within the stipulated time frame.
5. **Verification and Claim Processing:**
- The IEPF Authority will verify the claim and documents submitted.
- Upon successful verification, the shares and/or dividends will be transferred to your demat account or otherwise settled as per the IEPF rules.
It’s important to ensure that all details in Form IEPF-5 are correct and that you provide all required documents to avoid delays or rejection of your claim. If you’re unsure about any aspect of the process, consider consulting with a professional familiar with IEPF claims or securities law to assist you through the process.
1. **Bonus Shares:**
- Bonus shares that have been allotted to you but are undelivered and still with the registrar can be claimed from the IEPF.
- Ensure that you have all relevant documents such as allotment advice, communication from the company or registrar confirming the allotment but non-receipt, and any other supporting documents.
2. **Unpaid Dividend:**
- If there is any unpaid dividend associated with these shares, you can also claim this along with the shares.
3. **IEPF Form 5:**
- Form IEPF-5 is used for claiming shares and dividends transferred to the IEPF. You need to fill out this form accurately and submit it to the IEPF Authority along with supporting documents.
- Documents required typically include proof of entitlement (like allotment advice or similar documents), identity proof, address proof, and other relevant documents as specified in the form and guidelines.
4. **Procedure:**
- Obtain Form IEPF-5 from the IEPF website or authorized sources.
- Fill out the form completely and accurately with all necessary details.
- Attach supporting documents mentioned in the form, such as proof of entitlement (allotment advice), identity proof, address proof, etc.
- Submit the form and documents to the IEPF Authority within the stipulated time frame.
5. **Verification and Claim Processing:**
- The IEPF Authority will verify the claim and documents submitted.
- Upon successful verification, the shares and/or dividends will be transferred to your demat account or otherwise settled as per the IEPF rules.
It’s important to ensure that all details in Form IEPF-5 are correct and that you provide all required documents to avoid delays or rejection of your claim. If you’re unsure about any aspect of the process, consider consulting with a professional familiar with IEPF claims or securities law to assist you through the process.
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