Firoz Kersi Irani v. Investor Education And Protection Fund Authority And ANR

$~75 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 18054/2025 FIROZ KERSI IRANI .....Petitioner Through:

Mr. Prakhar Bhatnagar, Mr Arkam Pasha & Mr. Sahitya Sharma, Advs.

versus INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY AND ANR .....Respondent Through:

Mr. Neeraj Kumar CGSC, Adv.

CORAM:

HON'BLE MR. JUSTICE PURUSHAINDRA KUMAR KAURAV

O R D E R

% 17.02.2026 1.

The present petition is assailing the inaction of respondent No. 1, the Investor Education and Protection Fund Authority, in processing several IEPF-5 claims identified through their respective Service Request Numbers (SRNs) filed by the petitioner for transmission of shares and unpaid dividends.

2.

The instant matter pertains to 19 SRNs. It is submitted that some of the claims have already been processed and the corresponding shares/dividends have been transferred to the petitioner, while two SRNs are presently under consideration by respondent No. 1. Further, the claims in respect of two SRNs have been rejected.

3.

The chart given by the respondents depicting the status of all impugned SRNs is extracted as under: - The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above.

S. No SRN Status F95213203 Shares Transferred F91703017 Pending at Share Transfer stage F63000350 Rejected F63594097 Rejected F95211991 Shares Transferred F80664048 Pending at Share Transfer stage F86195567 Shares Transferred F87900957 Rejected F95215158 Resubmission Required F91702860 Shares Transferred F91701631 Shares Transferred F93257731 Shares Transferred F93420792 Shares Transferred AB1393817 Under process of approval AB5700512 Shares Transferred AB6246111 Shares Transferred AB6249484 Shares Transferred F95782223 Shares Transferred F96266234 Resubmission Required 4.

In view of the aforesaid, since most of the shares have been transferred, nothing more remains to be adjudicated. 5.

Insofar as the SRNs which have been rejected are concerned, it shall be open to the petitioner to avail of such remedies as may be available in The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above.

law. The reasons for rejection of the concerned SRNs shall be duly communicated to the petitioner.

6.

With respect to the SRNs which are presently under process, let the respondents to take the necessary steps in accordance with law. 7.

The petition is, accordingly, disposed of.

PURUSHAINDRA KUMAR KAURAV, J FEBRUARY 17, 2026/ng/mj The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above.