Considering the present situation around COVID-19 the stakeholders have indicated various difficulties relating to transfer of money remaining unpaid or unclaimed for a period of seven years. In view of the issues, the MCA has directed the stakeholders towards the circular number 11/2020 dated March 24, 2020 and circular number 12/2020 dated March 30, 2020 granting relaxation on delayed filing without payment of additional fees till September 30, 2020 and the same also includes the relaxations applicable to filing of various IEPF eForms viz. IEPF-1, IEPF-1A, IEPF-2, IEPF-3, IEPF-4, IEPF-5 and IEPF-7. Therefore, the MCA has asked the stakeholders to plan other concomitant actions accordingly.
Filings under section 124 and 125 of the Companies Act, 2013
- Covid-19
- April 15, 2020
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