Investor Education and Protection Fund (IEPF)has been established under provision of the Companies Act, 2013.
The amounts such as dividends, applications money, matured deposits etc, which have remained unpaid or unclaimed for a period of 7 years are required to be transferred to the IEPF.
The Amounts credited to IEPF are maintained under the Consolidated Fund of India (Article 266 of the Constitution).
The fund is utilized for promoting investor awareness and protection of investor interests.
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