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Unclaimed dividend

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 February 2014 Whether 'unclaimed dividend' deposited by the company in 'Investor Education and Protection Fund' can be claimed by the concerned Shareholder. If so, what is the procedure.
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Aashish Tiwari

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Aashish Tiwari (Expert)
22 February 2014 As per sec 205 (c)
No claims shall lie against the fund which were unclaimed & unpaid for a period of 7 year.. No payment shall be made in respect of claim..

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