Transfer unpaid dividend + shares after 7 years to Investor Education & Protection Fund
MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee. OnCompliance tracks the date and warns you before it costs anything.
Identify dividends unpaid/unclaimed for 7 years and corresponding shares.
Send individual notices to shareholders with unclaimed amounts before transfer.
Publish notice on company website and in newspaper about proposed transfer.
File statement of unpaid/unclaimed amounts.
File statement of amounts credited to Unpaid Dividend Account.
File form for transfer of shares to IEPF.
Every guide runs like this in OnCompliance: steps in order, dates in view, paperwork made for you at each step.