MCA relaxes norms related to transfer of unclaimed money to IEPF a/c due to Covid-19

MCA relaxes norms related to transfer of unclaimed money to IEPF a/c due to Covid-19

In view of situation emerging out of the outbreak of COVID-19, the stakeholders pointed out difficulties and sought relaxation especially in procedures related to transfer of unclaimed money for a period of 7 yrs in terms of provision of section 124 of Cos. Act. In this regard, the MCA clarified that necessary relaxation w.r.t to filing of various IEPF e-forms without additional fee till Sep 30, 2020 has already been provided as per General Circular No. 11/2020 dated March 20, 2020.

 

Copy of Order

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