The Dividend declared and distributed by the Company to its shareholders which remains unclaimed gets accumulated with the Company. The Ministry of Corporate Affairs (MCA) proactively addressed the issue by introducing Section 205C of the Companies Act, 1956, through Companies (Amendment) Act, 1999, thereby making it compulsory to deposit unclaimed dividend lying with the Companies for a period of seven years to the Investor Education and Protection Fund (IEPF), administered by the Central Government.
Recently, MCA has issued a Circular, notified in the Gazette of India G.S.R. 352(E) dated May 10, 2012, notifying the Rule “Investor Education and Protection Fund (Uploading of information regarding unpaid and unclaimed amounts lying with Companies) Rules, 2012”. As per this Rule, companies have to identify and upload details of unclaimed dividend on their website.
|Investor Name||Father/Husband Name||Address||Amount Transferred||Country||Account Number||Folio Number||Investment Type||State District||Pin Code||Date of Event|
|JAIMINI S KAVLEKAR||SHKAVLEKAR||C/O H K KAVLEKAR & SONS NEAR SECRETARIAT PANAJI (GOA)||30||INDIA||RAYM00000000J0002565||Amount for unclaimed and unpaid dividend||Goa||403001||7-Jun-11|
|JAIMANMOHAN JAIGOPAL KAPOOR||JAIGOPALKAPOOR||21 A/C, GANDHI NAGAR, JAMMU.||15||INDIA||RAYM0000000000139297||Amount for unclaimed and unpaid dividend||Jammu and Kashmir||180001||7-Jun-11|
|A A SHANTAMALLAPPA||SHATHIGUPPEAPPAJAPPA||MALALI 285 15TH MAIN RAJAMAHAL VILAS BANGALORE 560080||21||INDIA||RAYM00000000Z0025965||Amount for unclaimed and unpaid dividend||Karnataka||560080||7-Jun-11|
|JAIDEEP RANJITBHAI DAVE||RANJITBHAIDAVE||26/A JAIMANGAL SOCIETY B/H ZAVERNAGAR WAGHODIA ROAD BARODA||50||INDIA||RAYM0000000000357997||Amount for unclaimed and unpaid dividend||Gujarat||390019||7-Jun-11|
|JAIDEV MALIK||SIDHURAMMALIK||M-48 KIRTI NAGAR NEW DELHI 110015||15||INDIA||RAYM0000000000168574||Amount for unclaimed and unpaid dividend||Delhi||110015||7-Jun-11|
|JAIHIND SINGH DHODHI||LATESHAVTARSDHODHI||C/O A S BANGA FOOD SPECIALITIES LTD M5 A CONNAUGHT CIRCUS NEW DELHI 110001||75||INDIA||RAYM00000000J0001491||Amount for unclaimed and unpaid dividend||Delhi||110001||7-Jun-11|
|JAIKISHAN D SUTHAR||DAMMARANJI||ANAND CHAMBERS NO I A WALWEKAR GALLI HUBLI 580020||19||INDIA||RAYM0000000000308277||Amount for unclaimed and unpaid dividend||Karnataka||580020||7-Jun-11|
|JAIKISHAN HUKAMCHAND SACHDEV||NA||NO.7,GITA KIRAN HOUSING SOCY. LTD., J.P.ROAD,4-BUNGALOW, ANDHERI WEST ,BOMBAY||16||INDIA||RAYM00000000J0010183||Amount for unclaimed and unpaid dividend||Maharashtra||400058||7-Jun-11|
|JAIKISHAN PURSWANI||MALUMALPURSWANI||4 DHRGA BHAWAN, OPP MEENA MEDICAL STORE, SORABJI COMPOUND, OLD WADAJ, AHMEDABAD.||7||INDIA||RAYM00000000Y0016802||Amount for unclaimed and unpaid dividend||Gujarat||380013||7-Jun-11|
|JAIKRISHNA M PATADIA||MANEKLALPATADIA||A-2 PARIJAT ROW HOUSE NEAR VASTRAPUR RLY CROSSING ABJIBAPA SCHOOL ROAD VEJALPUR AHMEDABAD||7||INDIA||RAYM0000000000131084||Amount for unclaimed and unpaid dividend||Gujarat||380051||7-Jun-11|