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According to the IEPF Rules, 2016, what happens to the voting rights associated with the shares once they are transferred to the IEPF?
They are temporarily transferred to the company's active Board Directors
They are actively exercised by the Authority on behalf of the shareholders
They are permanently cancelled and cannot be reinstated by the company
They remain fully frozen until the rightful owner formally claims the shares
They remain fully frozen until the rightful owner formally claims the shares
Practice and solve "According to the IEPF Rules, 2016, what happens to the voting rights associated with the shares once..." for Part 5 Domain Knowledge - CIL MT Company Secretary 2026. The correct answer is Option D: They remain fully frozen until the rightful owner formally claims the shares. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "According to the IEPF Rules, 2016, what happens to the voting rights associated with the shares once..." for Part 5 Domain Knowledge - CIL MT Company Secretary 2026. The correct answer is Option D: They remain fully frozen until the rightful owner formally claims the shares. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
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