Clarification regarding online generation of Challans for Offline payment cases - Companies Law - 02/2017

General Circular No. 02/2017 No.05/05/2016-IEPF Government of India Ministry of Corporate Affairs 5th Floor, A Wing, Shastri Bhawan, Dr. R.P. Road New Delhi-110001 Dated: 20/04/2017 To All Stakeholders, Nodal Officer's (IEPF) of Concerned Companies All Regional Director's Registrar of Companies of Min of Corp. Affairs Subject: Clarification regarding online generation of Challans for Offline payment cases. Sir/Madam, In terms of Investors Education and Protection Fund (Accounting, Audit, Transfer and Refund) Rules, 2016 as notified on 05.09.2016, and as per the prerequisites of e-form IEPF-I, the companies are required to transfer the amounts to Investor Education and Protection Fund (IEPF) through Challans generated on MCA 21 portal. Attention is also drawn to circular No. 13/2016 dated 05.12.2016 issued by this office, communicating that Challans which are not generated on MCA 21 portal will not be accepted after 15.12.2016. 2. However it has been noticed that there are companies, which have transferred the amount to IEPF prior to 15.12.2016, through Challans not generated on MCA-21 portal and these companies were/are unable to file IEPF-1 . 3. To facilitate filing of e-form IEPF-I by such companies, following two step processes is suggested :- Step-I Company concerned is required to submit details of the challans in prescribed format (enclosed) to IEPF Authority on email id [email protected]. The copy of challans and certificate for authentication of the details submitted are required to be obtained from practicing professionals' viz. Chartered Accountants, Company Secretaries and Cost Accountants. This information will be accepted by IEPF Authority up to 20th May, 2017 only and no further relaxation shall be granted. Step II The submitted data shall be processed by the IEPF Authority and a Front Office service will be made available on IEPF website-www.iepf.gov.in from 5th June, 2017 for a period of 30 days i.e. up to 5th July, 2017 to enable the companies to submit the required data online. An automated generated number will be provided by the MCA 21 system on validation of entries and using this automated generated number as SRN, companies may file e-form IEPF-I online upload investor details without requirement of filing additional fees. 4. This issues with the approval of the Competent Authority. Yours Sincerely, (Monika Gupta) Deputy Director Annexure Name of the Company S.No. CIN/BCIN Amount Paid Date of Payment Financial Year Mode of Payment (Always be offline) Particulars of the payment