IEPFA Proposes Simplified Documentation for Low-Value Claims to Enhance ease of living
SDG 9: Industry, Innovation & Infrastructure | SDG 16: Peace, Justice & Strong Institutions
Institution: Ministry of Corporate Affairs
The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, has proposed streamlined documentation requirements for low-value investor claims. A specially constituted committee, including representatives from MCA, SEBI, professional accounting bodies, and industry chambers recommended simplifying procedures for claims up to βΉ5 lakh (physical securities), βΉ15 lakh (demat securities), and dividends up to βΉ10,000. These reforms aim to expedite timelines, enhance transparency, and deliver a more user-friendly experience for claimants.
Relevant question for policy stakeholders: How can operationalizing these procedural recommendations be structured to maintain regulatory rigour while delivering ease, especially for small or retail investors?
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https://www.pib.gov.in/PressReleasePage.aspx?PRID=2164368