Poket News

Corporate of Ministry Affairs simplifies IEPFA claims settlement process


  • In a major step towards the mission of Ease of Living and Ease of Doing Business, the Ministry of Corporate Affairs (MCA) has further simplified the claim settlement process. 
  • MCA has said, for claimants, requirement of Advance Receipt has been waived off, requirement of Succession Certificate has been relaxed up to 5,00,000 rupees both for Physical & DEMAT shares. 
  • Notarization of documents has been replaced with self-attestation and requirements of Affidavits and Surety relatively have been eased.