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Explain the following term/concept. IEPF - Secretarial Practice

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प्रश्न

Explain the following term/concept.

IEPF

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उत्तर

IEPF stands for ‘Investors Education and Protection Fund’ and is set up by the central government. Any amount in the Unpaid Dividend Account of a company that remains unpaid/ unclaimed for a period of 7 years from the date of such a transfer shall be, transferred by the company to IEPF.

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Legal Provisions on Dividend
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अध्याय 10: Dividend and Interest - Exercises [पृष्ठ १५५]

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बालभारती Secretarial Practice [English] Standard 12 Maharashtra State Board
अध्याय 10 Dividend and Interest
Exercises | Q 2.09 | पृष्ठ १५५

संबंधित प्रश्न

Write a word or a term or a phrase which can substitute the following statement.

Request by shareholder in prescribed form for payment of dividend into shareholders bank amount.


State whether the following statement is true or false.

Dividend is paid to registered shareholders of the company.


Dividend once declared cannot be revoked.


State whether the following statement is true or false.

Shareholders decide about the rate and amount of profit to be given as dividend.


State whether the following statement is true or false.

All categories of shareholders get a fixed rate dividend.


Complete the sentence.

Dividend can be declared only on recommendation of______.


Answer in one sentence.

Who has right to recommend Dividend?


Select the suitable option for the following.

Equity Shares ____________.


Correct the underlined word and rewrite the following sentence.

Dividend must be paid within 60 days of its declaration.


Correct the underlined word and rewrite the following sentence.

Preference shareholders are given the last priority in payment of dividend.


Correct the underlined word and rewrite the following sentence.

Dividend is payable every year, irrespective of the profits made by the company.


Justify the following statement.

Equity shares get last priority in dividend.


Dividends can be paid out of capital.


Arrange in Proper Order:

(a) Board Meeting

(b) Shareholder approval

(c) Board's Recommendations


Explain the following term/concept in detail:
Listed Company


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