Rule 3 - Filing of information regarding unpaid and unclaimed amounts - Investor Education and Protection Fund (Uploading of information regarding unpaid and unclaimed amounts lying with companies) Rules, 2012

Filing of information regarding unpaid and unclaimed amounts 3. Every Company (including Non-banking Financial Companies and Residuary Non-banking Companies) shall, 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, identify the unclaimed amounts as referred to in sub-section (2) of section 205C of the Act 1 [ and corresponding new bank shall with in a period of 90 days from the date of holding their Annual General Meeting every year, identify the money transferred to the Unpaid Dividend Account in pursuance of section 10B of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and section 10B of Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980, which remains unpaid or unclaimed for a period of seven years from the date of such transfer ] , separately furnish and upload on its own website as also on the Ministry's website or any other website as may be specified by the Government a statement or information through eForm 5 INV, separately for each year, containing following information, namely:- ( a ) the names and last known addresses of the persons entitled to receive the sum; ( b ) the nature of amount; ( c ) the amount to which each person is entitled; ( d ) the due date for transfer into the Investor Education and Protection Fund; and ( e ) such other information as considered relevant for the purpose; Provided that, for the financial year ended March 31, 2011, the information shall be filed, latest by the July 31, 2012. ************ NOTES:- 1. Inserted vide Notification No. G.S.R. 242 (E) dated 27-03-2014