Companies Rules

Returns and reports (1) The Authority shall furnish to the Central Government at such time and in such form and manner as may be specified or as the Central Government may direct, such returns and statements and such particulars with regard to its activity. (2) Without prejudice to the provisions of sub-rule (1), the Authority shall, within one hundred […]

Transfer of assets, liabilities, etc., of the existing IEPF to the Authority. – On and from the date of establishment of the Authority, (a) any reference to the existing IEPF in any law other than these rules or in any contract or other instrument shall be deemed as a reference to the Authority; (b) all properties and assets,

Power to direct payment of amount due to the Fund. (1 ) The1 company Shall famish a statement to the Authority in Form No. IEPF 6 within thirty days of end of financial year stating therein “the amounts due to be transferred to the fund in next financial year: ( 2 ) The company shaft also furnish a statement to the

Refund to claimants from Fund (1) Any person whose shares, unclaimed dividend, matured deposits, matured debentures, application money due for refund, or interest thereon, sale proceeds of fractional shares, redemption proceeds of preference shares etc., has been transferred to the Fund, may claim the shares under proviso to sub¬section (6) of section 124 or apply for refund under

Manner of transfer of shares under sub-section (6) of section 124 to the Fund (1) The shares shall be credited to DEMAT Account of the Authority to be opened by the Authority for the said purpose, within a period of thirty days of such shares becoming due to be transferred to the Fund: Provided that, in case the beneficial owner

Statement to be furnished to the Fund 3[(4A) The companies which have transferred any amount referred to in clauses (a) to (d) of sub-section (2) of section 205C of the Companies Act, 1956 (1 of 1956) to Investor Education and Protection Fund or Central Government, but have not filed the statement or have filed the statement in any format

Accounts and audit (1) The Authority shall maintain proper accounts and other relevant records as given in Schedule to these rules and prepare an annual statement of accounts in such form as may be specified by the Central Government in consultation with the Comptroller and Auditor–General of India. (2) The accounts of the Authority shall be audited annually by

Fund (1) The Authority shall administer the Fund. (2) There shall be credited to the Fund, the following amounts, namely:- (a) all amounts payable as mentioned in clause (a) to (n) of sub-section (2) of section 125 of the Act; (b) all shares in accordance with sub-section (6) of section 124 of the Act; (c) all the resultant benefits arising out of shares held by

Definitions (1) In these rules, unless the contexxt otherwise requires,— (a) “Act” means the Companies Act 2013; (b) “Authority” means the Investor Education and Protection Fund Authority constituted under subsection (5) of section 125 of the Act; (c) “Chairperson” means the chairperson of the authority appointed under sub-section (6) of section 125 of the Act; 1[(d) “Company” means a company defined in sub-section (20) of section 2 of the Act and includes

Short title, extent and commencement (1) These rules may be called the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. (2) They shall come into force with effect from the 7th September 2016. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal