As per section 124(6) all the shares in respect of which unpaid or unclaimed dividend has been transferred to Investor Education and Protection Fund shall also be transferred by the company to Investor Education and Protection Fund. Whether a shareholder can claim back the shares and whether he can attend a general meeting and give vote thereat.
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Hi members, have a query regarding shares transferred to IEPf :- One shareholder of ZV ltd was died. After death, company has not received any transmission application by his successor or legal heir. After the completion of seven years, the shares of deceased person was transferred by the company to IEPF Authority. Now the successor of the deceased shareholder want to claim on that shares. Can he do so? Please suggest.
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