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 Folio Number Investment Type State District Pin Code Date of Event
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
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
JAKKA RAMESH JAKKARANGANAYAKULU C-13, 3/2, SECTOR 15 AIROLI NEW MUMBAI 75 INDIA RAYM0000000000409154 Amount for unclaimed and unpaid dividend Maharashtra 400702 7-Jun-11

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