TaxTMI 
TaxTMI 
Amount Credited to the Investor Education and Protection Fund
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....mount Credited to the Investor Education and Protection Fund <br>News and Press Release<br>Dated:- 12-12-2013<br><BR>Under Section 205C of the Companies Act, 1956, companies are required to transfer s....
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....uch amounts as have remained unclaimed and unpaid with them on account of dividends, matured deposits and debentures, for a period of seven years from the date that they became due for payment, to Inv....
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....estor Education and Protection Fund (IEPF). Giving this information in written reply to a question in the Lok Sabha today, Shri Sachin Pilot, Minister for Corporate Affairs, said that an amount of Rs.....
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.... 693.37 crore has been credited to the IEPF, which forms part of the Consolidated Fund of India (CFI), for the period 2001-02 to 2012-13. No instance of a company transferring such unclaimed funds to ....
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....its balance sheet has so far come to the notice of the Government.<BR> News - Press release - PIB....