IEPF, or Investor Education and Protection Fund, was originally established under Section 205C of the Companies Act, 1956. Today it is structured under Section 125 of the Companies Act 2013. The IEPF allows the government to collect all dividends paid by Asset Management Companies, matured deposits, share application interest, debentures, debt, etc. after seven years without claiming them.

All the money collected from these sources has to be handed over to IEPF. Asset Retrieval Advisors provides a retrieval service to help investors / legal heirs navigate the maze of IEPF Authority claims.

An individual who has not claimed an amount or has not been paid can request a refund from the IEPF authority in case the company has transferred it to the IEPF.

As per recent legislation, when an investor fails to claim a dividend within 7 years from the date the dividend was declared, the dividend shall be transferred by the company, to the Investor education and protection fund.

At Asset Retrieval Advisors we help our clients in retrieving these dividends along with shares and other securities from the IEPF Authority.