Why investors find it almost impossible to get money back from the IEPF
With $6 billion worth of unclaimed shares and dividends, the IEPF, were it listed on India’s stock exchanges, would be among the country’s 100 most-valuable companies
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Show Notes
Unclaimed funds at the government-run Investor Education and Protection Fund (IEPF) are likely to have risen to Rs 50,000 crore ($6 billion) by now.
But for an average investor, the settlement process is almost designed to discourage investors from claiming what's theirs.
Now, after the Supreme Court took notice post the filing of a petition, the IEPF Authority has asked all stakeholders for suggestions to make the entire process more efficient.
Tune in to find out why an average Indian investor finds it so difficult to recover their money from the IEPF.