Unpaid Dividend and the IEPF
Seven years after a dividend became due, the unclaimed money goes to the Investor Education and Protection Fund, and so do the shares.
- 7 pages
- 124
- Word and PDF
- 12 September 2026
The 3 formats inside
- 1Board resolution, transfer of unpaid dividend and the underlying shares to the IEPFs.124(5) · s.124(6) · IEPF Rules 2016On its own₹149
- 2Individual notice to the shareholder before transfer of shares to the IEPFs.124(6) · IEPF Rules 2016On its own₹149
- 3Register of unpaid and unclaimed dividends.124 · IEPF Rules 2016On its own₹149
Read the opening
The first part of “Board resolution, transfer of unpaid dividend and the underlying shares to the IEPF”, as it downloads. Blanks are highlighted.
Extract from the minutes of the meeting of the Board of Directors of [ABC Private Limited] held on [Date of the Board meeting]
TRANSFER OF UNPAID AND UNCLAIMED DIVIDEND AND OF THE UNDERLYING SHARES TO THE INVESTOR EDUCATION AND PROTECTION FUND
The Chairman placed before the Board a statement showing the dividend declared by the Company for the financial year [2018-19], which became due for payment on [Date the dividend became due for payment], and which has remained unpaid or unclaimed in the Unpaid Dividend Account of the Company for a period of seven years from that date, together with the particulars of the shareholders concerned and of the shares held by them.