TMI BlogInvestor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021.X X X X Extracts X X X X X X X X Extracts X X X X ..... :- 1. (1) These rules may be called the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021. (2) These rules shall come into force on the date of their publication in Official Gazette. 2. In the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 , (hereinafter referred to as the Principle Rules), in rule 7, in 1 [ sub-rule (2) ] , in the proviso, the words Advance Receipts , shall be omitted. 3 In the Principal Rules , in Schedule II , - (1) for the words, figures and bracket, ₹ 2,00,000 (Rupees Two Lakh only), wherever occurring, ₹ 5,00,000 (Rupees five lakh only), shall be subst ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... able in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal. . (c) after sub-item 2.3 and before item 3 , the following explanation shall be inserted, namely: - Explanation: (1) The Company may enhance the limit of ₹ 5,00,000 (Rupees Five lakh only) per issuer company in accordance with SCHEDULE VII of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, after taking approval of its Board of Directors and provide copy of Board resolution to Authority at the time of verification of claim. (2) for the case where will is provided, following documents shall also be required: (a) Legal heirship certificate issued by C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... more than 5,00,000 (Rupees Five lakh only) per issuer company as on date of application: Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal. . (c) after sub-item 4.3 , and before sub-heading B the following explanation shall be inserted, namely: - Explanation: (1) The Company may enhance the limit of ₹ 5,00,000 (Rupees Five lakh only) per issuer company in accordance with SCHEDULE VII of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, after taking approval of its Board of Directors and provide copy of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 25) or any other Decree or Order of any Court or Tribunal . (b) for sub-item, 2.3 , the following shall be substituted, namely: - For value of securities more than 5,00,000 (Rupees Five lakh only) per issuer company as on date of application: Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal. . (c) after sub-item 2.3 and before item 3 , the following explanation shall be inserted, namely: - Explanation: (1) The Company may enhance the limit of ₹ 5,00,000 (Rupees Five lakh only) per issuer company in accordance with SCHEDULE VII of Securities and Exchan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... item 4.3 , the following shall be substituted, namely: - For value of securities more than 5,00,000 (Rupees Five lakh only) per issuer company as on date of application: Succession certificate or probate of will or will or letter of administration or Decree, as may be applicable in terms of Indian Succession Act, 1925. (39 of 1925) or any other Decree or Order of any Court or Tribunal. . (c) after sub-item 4.3 , and before Schedule III, the following explanation shall be inserted, namely: - Explanation: (1) The Company may enhance the limit of ₹ 5,00,000 (Rupees Five lakh only) per issuer company in accordance with SCHEDULE VII of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Reg ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ense account of the company. At any point of time, details of every investor whose shares have been transferred from unclaimed suspense account, may be called from depository. shall be omitted. (iii) in sub-item (x), after letters, symbols, figures and words, IEPF-1 or INV-1 or IEPF-1A and before the symbol, . , the word, letters, symbol and figure, or IEPF-7 shall be inserted. 6. in the Principal Rules, for the Form No. IEPF-5, the following Form shall be substituted:- [F. No. 05/1/2021-IEPF] MANOJ PANDEY, Jt. Secy. Note: The principal rules were published in the Gazette of India vide number G.S.R. 854 (E), dated the 5 th September, 2016 and amended vide notification number G.S.R. 178(E) dated 28th Febr ..... X X X X Extracts X X X X X X X X Extracts X X X X
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