Overview

• A high-level committee formed under the Ministry of Corporate Affairs has submitted its report to the Investor Education and Protection Fund Authority.
• The proposals define low-value claims as up to Rs 5 lakh for physical securities, Rs 15 lakh for dematerialised securities, and dividends up to Rs 10,000.
• The ministry said the changes are expected to shorten processing timelines, increase transparency, and make services easier for retail investors.
• The committee included representatives from MCA, IEPFA, SEBI, ICAI, ICMAI, ICSI, FICCI, PHDCCI, CII, and the Registrar Association of India.
• The recommendations will take effect only if adopted by IEPFA, which oversees refunds of unclaimed dividends, shares, and matured deposits or debentures.