Statement of unpaid dividend on the website (90 days)
The statement of names, last known addresses and unpaid amounts that a company must put on its website after transferring money to the Unpaid Dividend Account.
After the transfer to the Unpaid Dividend Account
Counted from making a transfer of an amount to the Unpaid Dividend Account under section 124(1)
- MCA
- MCA event filings
- Not specified
- 2026-09-01
The statement is due within 90 days of the transfer to the Unpaid Dividend Account. It carries the names of the persons entitled, their last known addresses and the unpaid dividend payable to each, and it goes on the company's own website and on any other website the Central Government has approved for the purpose.
Deadlines counted from an event
Within 90 days of making the transfer under section 124(1), prepare the statement and place it on the company's website and on any other website approved by the Central Government, under section 124(2).
The rule
Within 90 days of making the transfer under section 124(1), prepare the statement and place it on the company's website and on any other website approved by the Central Government, under section 124(2).
Who must comply
- Every company that has transferred an amount to its Unpaid Dividend Account under section 124(1)
Statutory basis
Before you file
- Complete the transfer to the Unpaid Dividend Account under section 124(1).
- Prepare the list of persons entitled to the unpaid dividend.
- Get the last known address of each such person.
- Work out the unpaid dividend payable to each person.
- Record the date of the transfer. This date starts the 90-day window.
How to file
- Prepare the statement of names, last known addresses and unpaid dividend amounts.
- Publish the statement on the company's website.
- Publish the statement on any other website the Central Government has approved for the purpose.
- Complete both publications within 90 days of the transfer to the Unpaid Dividend Account.
The company's own website, not an MCA filing
If you miss it
Section 124(7) sets one penalty for any failure under section 124: ₹1 lakh on the company plus ₹500 for each day the failure continues, capped at ₹10 lakh, and ₹25,000 on every officer in default plus ₹100 a day, capped at ₹2 lakh.
- The statement is how a shareholder finds out that money is waiting for him, so an unpublished statement usually means more of the dividend goes unclaimed and eventually to the IEPF
Recent changes affecting this
Common questions
Is this the same as the IEPF-2 statement?
No. This is the section 124(2) statement due 90 days after a transfer to the Unpaid Dividend Account. IEPF-2 is the separate rule 5(8) statement of unclaimed and unpaid amounts, furnished to the IEPF Authority and uploaded for each of the previous seven financial years after the AGM.
Does a company without a website escape this?
Section 124(2) says 'the web-site of the company, if any', so the company-website limb is conditional. The obligation to place it on any Central Government approved website is not.