**Policy Summary: Simplified Documentation for Low Value Claims by IEPFA**
The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs (MCA), is considering simplified documentation procedures for low-value claims to enhance ease of living for investors. This initiative stems from a Committee formed by the IEPFA to review existing procedures and recommend reforms. The Committee included representatives from MCA, IEPFA, Securities and Exchange Board of India (SEBI), Institute of Chartered Accountants of India (ICAI), Institute of Cost Accountants of India (ICMAI), Institute of Company Secretaries of India (ICSI), Federation of Indian Chambers of Commerce and Industry (FICCI), PHD Chamber of Commerce and Industry (PHDCCI), Confederation of Indian Industry (CII), and the Registrar Association of India (RAIN). The Committee has submitted its report to the IEPFA.
The proposed simplified procedures, if adopted, will apply to claims valued up to INR 5 lakh for physical securities, INR 15 lakh for dematerialized (demat) securities, and dividends up to INR 10,000. The aim is to reduce claim processing timelines, improve transparency, and provide hassle-free services to investors.
The IEPFA, established on September 7, 2016, manages the Investor Education and Protection Fund. Its mandate includes safeguarding investor interests through the refund of shares, unclaimed dividends, and matured deposits/debentures, as well as promoting financial literacy.
More information can be found at www.iepf.gov.in.
Key Entities Referenced
Investor Education and Protection Fund Authority: IEPFA, an authority under the Ministry of Corporate Affairs, responsible for managing the Investor Education and Protection Fund and safeguarding investor interests.
Ministry of Corporate Affairs: The government ministry under which the IEPFA operates; also referred to as MCA.
Securities and Exchange Board of India: SEBI, a regulatory body that was represented on the Committee formed by IEPFA.
Institute of Chartered Accountants of India: ICAI, an institute represented on the Committee formed by IEPFA.
Institute of Cost Accountants of India: ICMAI, an institute represented on the Committee formed by IEPFA.
Institute of Company Secretaries of India: ICSI, an institute represented on the Committee formed by IEPFA.
Federation of Indian Chambers of Commerce and Industry: FICCI, an industry association represented on the Committee formed by IEPFA.
Confederation of Indian Industry: CII, an industry association represented on the Committee formed by IEPFA.
Ministry of Corporate Affairs
IEPFA Proposes Simplified Documentation for Low-
Value Claims to Enhance ease of living
Suggestions, once adopted, would be applicable to
claims valued up to 5 lakh (physical securities), 15
lakh (demat securities), and dividends up to 10,000,
as suggested by the Committee
Posted On: 06 SEP 2025 2:42PM by PIB Delhi
The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, had
formed a Committee to review existing procedures and recommend reforms for simplifying documentation in
low value claim cases. This initiative was expected to significantly reduce timelines, improve transparency,
and provide hassle-free services to investors.
The Committee comprised representatives from the Ministry of Corporate Affairs (MCA), the Investor
Education and Protection Fund Authority (IEPFA), the Securities and Exchange Board of India (SEBI), the
Institute of Chartered Accountants of India (ICAI), the Institute of Cost Accountants of India (ICMAI), the
Institute of Company Secretaries of India (ICSI), the Federation of Indian Chambers of Commerce and
Industry (FICCI), the PHD Chamber of Commerce and Industry (PHDCCI), the Confederation of Indian
Industry (CII), and the Registrar Association of India (RAIN). The Committee had submitted its report to the
IEPFA.
The suggestions, once adopted by IEPFA, would have been applicable to claims valued up to ₹5 lakh
(physical securities), ₹15 lakh (demat securities), and dividends up to ₹10,000, as suggested by the
Committee.
About IEPFA
The Investor Education and Protection Fund Authority (IEPFA) was established on September 7, 2016, under
the Ministry of Corporate Affairs, Government of India. IEPFA is responsible for managing the Investor
Education and Protection Fund, which focuses on safeguarding investor interests by facilitating the refund of
shares, unclaimed dividends, and matured deposits/debentures. Through its initiatives, the IEPFA aims to
ensure transparency, protect investors' rights, and promote financial literacy across the country.Find out more at: www.iepf.gov.in
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(Release ID: 2164368)