Apr 13, 2020

MCA clarification on filings under sections 124 & 125 and rules made thereunder

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In Companies Act, 2013, there are procedures related to transfer of money remaining unpaid or unclaimed for a period of 7 years and transfer of shares under section 124 read with the IEPFA (Accounting, Transfer and Refund) Rules.

As we know that MCA has already allowed filing in MCA21 registry without additional fees till 30th September, 2020. Therefore, MCA has clarified that the following necessary filings can be done by 30th September, 2020 without any additional fees:

S. No.Forms
1.IEPF-1: Statement of amounts credited to Investor Education and Protection Fund
2.IEPF-1A: Statement of Amounts credited to Investor Education and Protection Fund Pursuant to Rule 5(4A)
3.IEPF-2: Statement of unclaimed and unpaid amounts
4.IEPF-3: Statement of shares and unclaimed or unpaid dividend not transferred to the Investor Education and Protection Fund
5.IEPF-4: Statement of shares transferred to the Investor Education and Protection Fund
6.IEPF-5: Application to the Authority for claiming unpaid amounts and shares out of Investor Education and Protection Fund (IEPF)
7.IEPF-7: Statement of amounts credited to IEPF on account of shares transferred to the fund

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