MCA notified regarding the merger of Forms IEPF-3 With IEPF-4 and IEPF-7 with IEPF-1 along with a change in the payment process thereof in MCA Version 3

Jul 19, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Ministry of Corporate Affairs (MCA) on July 17, 2024, notified regarding the merger of Forms IEPF-3 With IEPF-4 and IEPF-7 with IEPF-1 along with a change in the payment process thereof in MCA Version 3.

To ease the compliance burden and simplify filings, it has been decided to merge Form IEPF-3 with Form IEPF-4 & IEPF-7 with IEPF-1 in MCA Version 3. The revised forms will be made STP (Straight through the process).

Therefore, in supersession of General Circular No. 12/2017, the amount required to be transferred under the provisions mentioned in para 1 will be required to be transferred online through MCA 21 through the "Pay Miscellaneous Fee" service after selecting the option "Investor Education and Protection Fund". The stakeholders are requested to plan accordingly.

[Circular No. 07/2024]


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