IIFL Securities and Axis Securities to Acquire Karvy (KSBL) Accounts
Brief background: In November 2019, market regulator SEBI banned Karvy Stock Broking Limited (KSBL), a Hyderabad-based firm, from taking on…
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What are Section 124 (5) and (6) of The Companies Act 2013?
On 29th August 2013, Parliament passed the Companies Act 2013, which was later notified in the Official Gazette Notification of…
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COVID-19: MCA Relaxes Rules for Transfer of Unclaimed Money to IEPF Account
The Ministry of Corporate Affairs ( MCA ) has relaxed the rules for the Transfer of Unclaimed Money to the…
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Shares of 29 Lakh Investors Worth Rs 19,000 cr Unclaimed
Lying unclaimed due to various reasons including loss of share certificates and heirs not aware of inheritance. Nearly 29.5 lakh…
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Getting Back Lost Shares, Dividends Now Made Easier
So far, around Rs 200 crore has been restored to the rightful claimants to whom the funds belong. One of…
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