BareLaws
SECTION

Section 125 — Investor Education and Protection Fund

From: The Companies Act, 2013

125. Investor Education and Protection Fund.

(1)The Central Government shall establish a Fund to be called the Investor Education and Protection Fund (herein referred to as the Fund).
(2)There shall be credited to the Fund -
(a)the amount given by the Central Government by way of grants after due appropriation made by Parliament by law in this behalf for being utilised for the purposes of the Fund;
(b)donations given to the Fund by the Central Government, State Gov ernments, companies or any other institution for the purposes of the Fund;
(c)the amount in the Unpaid Dividend Account of companies transferred to the Fund under sub-section ( 5) of section 124;
(d)the amount in the general revenue acc ount of the Central Government which had been transferred to that account under sub -section ( 5) of section 205A of the Companies Act, 1956 (1 of 1956), as it stood immediately before the commencement of the Companies (Amendment) Act, 1999 (21 of 1999), and remaining unpaid or unclaimed on the commencement of this Act;