“Investor Education and Protection Fund (IEPF) has been set-up under Section 205C of the Companies Act, 1956 by way of the Companies (Amendment) Act, 1999. As per the Act, the amount pertaining to matured Debentures or Bonds, which have remained unclaimed and unpaid for a period of seven years from the date they became due for payment shall be credited to the IEPF, Govt. of India”. Investor has to approach directly to IEPF Authority, Govt. of India for claiming the refund.
