MCA
Notification on Investor Education and Protection Fund (Uploading of
Information Regarding unpaid and Unclaimed Amounts Lying with Companies)
Rules, 2012
The
Ministry of Corporate Affairs has notified that Investor Education and
Protection Fund (Uploading of information regarding unpaid and unclaimed
amounts lying with companies) Rules, 2012, has mandated every company
to file eForm 5INV containing the information of unclaimed and unpaid
amounts as referred to in subsection (2) of section 205C of the
Companies Act, 1956.
As per the notification this information is
required to be filed every year within a period of 90 days after the
holding of Annual General Meeting or the date on which it should have
been held as per the provisions of section 166 of the Act, and every
year thereafter till completion of the seven years’ period. The
information is to be filed in Form 5- INV as per the above mentioned
rules; and thereafter an excel sheet containing detailed investor wise
details is to be filed separately. The e
Form, the excel template and detailed steps are provided in the IEPF
application link on the portal www.iepf.gov.in.For financial year ended
on 31st March 2011, the eForm should be filed latest by 31st July 2012.
For
more details the investors have been advised to visit the website
www.iepf.gov.in and the Investor Education and Protection Fund
(Uploading of information regarding unpaid and unclaimed amounts lying
with companies) Rules, 2012.
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(Release ID :85441)