If the Bond interest/redemption amount declared by the Company remains unpaid/unclaimed for a period of seven years, the Company is required to transfer the same to IEPF.
Further, all Bondsin respect of which interest has not been paid/claimed for seven consecutive years or more is required to be transfer by the Company in the name of IEPF.
Any person whose unpaid/unclaimed Bond interest/redemption amount have been transferred by the Company to IEPF may claim the interest/redemption amount and/or apply for refund of amounts transferred, from the IEPF Authority, by submitting an online application in Web-Form IEPF-5 available on IEPF website. Application can also be made by any successor, legal heir/representative of the deceased person.
Yes, PAN is mandatory. The Web-Form IEPF-5 requires PAN verification without which submission of the same is not possible.
The form requires OTP based verification for submission, for which claimant should have an active mobile number and a valid email-id.
Claimant after making an application in Web-Form IEPF-5 has to send all the relevant documents to MUFG Intime Private Limited (Registrar and Transfer Agent of the Company), for verification of the claim.
The Company Secretary, Nodal Officer ( IEPF), West Bengal State Electricity Distribution Company Limited, Vidyut Bhavan, 7th Floor, ‘D’ Block, Sector-II, Block-DJ, Bidhannagar, Kolkata-700 091, Email: company.secretary@wbsedcl.in/ corporate.loanandbond@wbsedcl.in Tel No: 033 2319 7648
