Ann Shyla Cherian v. Investors Education and Protection Fund Authority & Ors.
Case brief
What is this about?
Delhi High Court writ petition W.P.(C) 537/2025, Ann Shyla Cherian v. Investors Education and Protection Fund Authority (IEPF) & Ors., decided 16.01.2025 by Justice Sachin Datta (single judge). Keywords: release of equity shares and unclaimed dividend; 340 shares of respondent no.4 company; shares transferred to IEPF Authority after unclaimed for more than seven years; entitlement letter dated 30.08.2022 from respondent no.3; dividend Rs.17,918/-; Form IEPF-5 filed on IEPF online portal; pending application SRN No. F92319375; undertaking by counsel for respondent no.1 to process within three months; exemption application CM APPL.2469/2025 allowed subject to just exceptions; petition disposed of with liberty to petitioner to pursue remedies; digitally signed order downloaded from DHC server 24/01/2025.
What did the court decide?
Exemption application CM APPL.2469/2025 allowed subject to all just exceptions; respondent no.1's undertaking to process the petitioner's request within three months taken on record; liberty reserved to the petitioner to avail appropriate remedies if the needful is not done within that period.