Dealing with unclaimed non-convertible securities and benefits accrued thereon

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..... A . (1) The listed entity shall not forfeit unclaimed interest/dividend/redemption amount. (2) Where the interest/dividend/redemption amount has not been claimed within thirty days from the due date of interest/ dividend / redemption payment, a listed entity shall within seven days from the date of expiry of the said period of thirty days, transfer the amount to an escrow account to be opened b .....

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..... laimed for seven years shall be transferred to the Investor Protection and Education Fund created by the Board in terms of section 11 of the Act 4 [ : ]] 5 [ Provided further that the amount transferred to the Investor Protection and Education fund shall not bear any interest. ] 6 [ (4) The unclaimed amount of a person that has been transferred to the Investor Protection and Educatio .....

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