JustPaste.it

Guidelines for Recovery of Shares From IEPF

Here are the guidelines for the recovery of shares from IEPF:

  1. Fill out the IEPF Form 5. This form can be downloaded from the IEPF website. The form requires you to provide your personal information, as well as information about the shares you are claiming.
  2. Submit the IEPF Form 5 to the Nodal Officer of the company where the shares were held. The Nodal Officer is a company representative who is responsible for handling IEPF claims. You can find the contact information for the Nodal Officer on the company’s website or by contacting the company’s registrar.
  3. The Nodal Officer will verify your claim and submit a report to IEPF. The Nodal Officer will check your claim to make sure that it is valid. They will also check to make sure that you have submitted all of the required documents.
  4. IEPF will decide on your claim and notify you of the decision. IEPF will review your claim and make a decision within 60 days. If your claim is approved, IEPF will transfer the shares to your demat account or refund the cash value of the shares to you.

Here are the documents required to be submitted with IEPF Form 5:

  • Copy of acknowledgement generated on online submission of e-Form IEPF — 5 bearing a unique serial number (SRN)
  • Indemnity Bond (original) with claimant signature
  • Advance Stamped receipt (original) with revenue stamp and signature of claimant and witnesses
  • Original matured deposit / debenture / share certificate (in case of securities held in physical form) or copy of transaction statement in case of securities held in Demat Form
  • Self-attested copy of Aadhaar Card
  • Proof of entitlement (certificate of share/Interest warrant Application No. etc.)
  • In case of death of the claimant, death certificate and legal heirship documents

The time limit for claiming shares from IEPF is 30 years from the date of the corporate action or declaration of benefits. If you fail to claim your shares within the stipulated time limit, they will be forfeited to the IEPF.

0*hxkK4uz-B9OvKEuZ.jpg IEPF claim