unpaid/unclaimed div amt cr into iepf acc
This query is : Resolved
19 December 2018
Dear Sir/Madam,
With reference to the captioned subject in our case it is a listed Company declared dividend in year 1998-99 and 1999-2000 for which the unclaimed /unpaid Dividend amount gets credited into IEPF Account in year 2006 and 2007 respectively.
Our query is that whether we are require to comply with Sec 124(5) of the Act, 2013 and get the shares credited into IEPF Authority Account .or it is only required for those company whose proposed date to credit the unclaimed /unpaid Dividend amount into IEPF Account is falling after the rules gets enabled.
Kindly suggest
With reference to the captioned subject in our case it is a listed Company declared dividend in year 1998-99 and 1999-2000 for which the unclaimed /unpaid Dividend amount gets credited into IEPF Account in year 2006 and 2007 respectively.
Our query is that whether we are require to comply with Sec 124(5) of the Act, 2013 and get the shares credited into IEPF Authority Account .or it is only required for those company whose proposed date to credit the unclaimed /unpaid Dividend amount into IEPF Account is falling after the rules gets enabled.
Kindly suggest
19 December 2018
please see
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www.powergridindia.com/sites/default/files...
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