In your interest.
Online Personal Finance Magazine
No beating about the bush.
Investors’ funds cannot be confiscated without attempting to find them
Ever since the Ministry of Corporate Affairs transferred nearly Rs400 crore of unclaimed dividends from companies to the Investor Education & Protection Fund (IEPF), the government as well as financial regulators have been wanting to seize other pools of unclaimed money. Under its former chairman, M Damodaran, the...