Form IEPF-1: Complete Guide to Statement of Amounts Credited to the Investor Education and Protection Fund
Form IEPF-1 is the web form filed by a company or bank to submit a statement of amounts credited to the Investor Education and Protection Fund (IEPF), or the transfer of amounts on account of shares transferred to the fund. It is governed by Rules 5(1), 6(12), 6(13), and 6(13)A of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016.
The Central Government has established the IEPF, to which the following categories of amounts get credited upon expiry of seven years from the date they become due for repayment (or transfer to the Unpaid Dividend account): unpaid dividend account balances, refund-due application money, matured deposits and debentures, accrued interest thereon, sale proceeds of fractional shares, redemption amounts of preference shares, surplus amounts of a Section 8 company before conversion, proceeds of security disposal under Section 38(4), grants and donations, dividends on IEPF-transferred shares, delisting/winding-up proceeds relating to IEPF-transferred shares, share surrenders under Section 236, and others.
Who Should File IEPF-1 / When is it Filed
Every company or bank that has amounts due for transfer to the IEPF must file IEPF-1 with the IEPF Authority, within 30 days of transferring the amount to the fund.
Important Checkpoints Before Filing
- Applicant must be registered on the MCA portal before filing
- The company/bank must be registered with MCA and hold a valid, approved CIN/BCIN
- Signatories must hold an approved DIN or valid PAN/Membership number
- The signing director’s DIN must not be flagged for disqualification
- The signing authority must hold a valid, non-expired, non-revoked DSC, registered on the MCA portal against the DIN/PAN/Membership number provided
- If ‘Yes’ is selected for “whether the company/bank is amalgamated,” the SRN of Form INC-28 is required
- In merger/amalgamation cases, dates entered can be earlier than the company’s incorporation date
- Each investor-wise details Excel template uploaded must not exceed 20 MB
- The total amounts captured across the financial-year table (field 5) must match the total in the investor-wise Excel attachment
- Field 3(c) (“Amount to be credited to the fund”) must match the field 5 table total, where the purpose is ‘Statement of amounts credited to IEPF’
- Form IEPF-7 has been merged into IEPF-1 — fees/transfers previously handled under IEPF-7 now follow IEPF-1’s process
- Field 3(e) (“Net Amount to be credited after deducting TDS”) must match the field 5 table total, where the purpose is ‘Statement of transfer of amounts on account of shares transferred to the fund’
- For companies Under Liquidation/Under CIRP, the form must be signed by the IRP/RP/Liquidator
Step-by-Step Filing Process
- Login to MCA portal → MCA Services → E-Filing → IEPF Services
- Access Form No. IEPF-1
- Enter/search/select CIN/BCIN
- Select the purpose (amounts credited to IEPF, or transfer on account of shares transferred), and fill up the application with the amount details table
- Upload the investor-wise details Excel attachment
- Optionally save as draft
- Submit the webform and note the SRN
- Affix DSC
- Upload the DSC-affixed PDF on MCA portal
- Pay Fees
- Receive acknowledgement
Signing Requirements
- Digitally signed by an authorised signatory with an approved DIN or valid PAN/Membership number
- Where the company is Under Liquidation/Under CIRP, only the IRP/RP/Liquidator may sign
Fee Structure
Normal Fee — Companies with Share Capital
| Nominal Share Capital (INR) | Fee (INR) |
|---|---|
| Less than 1,00,000 | 200 |
| 1,00,000 to 4,99,999 | 300 |
| 5,00,000 to 24,99,999 | 400 |
| 25,00,000 to 99,99,999 | 500 |
| 1,00,00,000 or more | 600 |
Companies without share capital: ₹200
Additional (Delay) Fee
Event date: the earliest date by which the amount should have been credited to the fund (per field 5), or the date of notification of the rule, whichever is later — except for “Dividend on shares transferred to IEPF” (field 5k), where the event date is the date the dividend was declared (field 4b). Time limit: 30 days.
| Period of Delay | Additional Fee |
|---|---|
| Up to 30 days | 2× normal fee |
| More than 30 up to 60 days | 4× normal fee |
| More than 60 up to 90 days | 6× normal fee |
| More than 90 up to 180 days | 10× normal fee |
| More than 180 days | 12× normal fee |
Processing Mode
Form IEPF-1 is processed in STP mode — taken on record electronically without further processing. There is no provision for resubmission.
Useful Links
Frequently Asked Questions (FAQs)
Q1. When do amounts get transferred to the IEPF? Upon expiry of seven years from the date they become due for repayment or transfer to the Unpaid Dividend account.
Q2. What is the filing deadline for IEPF-1? Within 30 days of transferring the relevant amount to the fund.
Q3. Is Form IEPF-7 still used separately? No — it has been merged into IEPF-1; fee payment and fund transfer for what was IEPF-7 now follow the IEPF-1 process.
Q4. Is IEPF-1 processed automatically? Yes, it is processed in STP mode with no resubmission facility.
Q5. Who signs IEPF-1 for a company under liquidation? Only the Interim Resolution Professional, Resolution Professional, or Liquidator.
Disclaimer
This article is based on the official Instruction Kit for Form IEPF-1 published by the Ministry of Corporate Affairs (MCA), Government of India. While every effort has been made to ensure accuracy, the content is intended for general guidance purposes only. MCA forms, rules, and fee structures are subject to change through amendments to the Companies Act, 2013 or notifications issued thereunder.
In case of any inconsistency or doubt, readers are advised to refer to the official MCA access page for IEPF-1 and resources available on the MCA website.