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As you may be aware, the Ministry of Corporate Affairs (MCA) on May 10, 2012 notified the IEPF (Uploading of information regarding unpaid and unclaimed amounts lying with companies) Rules, 2012 (IEPF Rules), which is applicable to your Corporation.
The objective of the IEPF Rules is to help you ascertain status of the unclaimed amounts and overcome the problems due to misplacement of intimation thereof by post etc.
In terms of the said IEPF rules, your Corporation has uploaded the information in respect of the unclaimed dividends , unclaimed deposits and interest accrued thereon in respect of 7 (seven) financial years preceding the date of last AGM held, on the website of the IEPF viz. www.iepf.gov.in and the website of the Corporation viz www.hdfc.com.
Please note that the details of unclaimed deposit is updated by the Corporation on a monthly basis.
Please note that in terms of the provisions of section 125(2) of the Companies Act, 2013 deposits not claimed within seven years from the date of its maturity should be transferred to the Investor Education and Protection Fund (IEPF) established by the Central Government. In terms of the proviso to Section 125 (3) of the Companies Act, 2013 and Rule 7 of the IEPF Rules, a depositor can claim the deposit amount from IEPF after its transfer by making an application in Form IEPF 5 online. Please visit http://www.iepf.gov.in/IEPF/refund.html for complete information in this regard.
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