Write notes on the following: (ii) Investor Education and Protection Fund

The Investor Education and Protection Fund (IEPF) has been established under section 125 of the Companies Act, 2013, for the promotion of investor awareness and protection of the interests of investors. For the administration of the Investor Education and Protection Fund, the Government of India established the Investor Education and Protection Fund Authority on 7 th September, 2016, under the provisions of section 125 of the Companies Act, 2013. The Authority is entrusted with the responsibility of administering the IEPF, making refunds of shares, unclaimed dividends, matured deposits/debentures, etc., to investors, and promoting awareness among investors.