Dividend
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 July 2012
unclaimed dividend is required to be deposit with scheduled banks can we get interest on that amount until the expiry of seven years , that amount is deposit with private or public banks
30 July 2012
Hi
Unclaimed amount is deposited with scheduled bank and until the expiry of 7 yrs this amount and any interest thereon will be kept on the same account after expiry of seven year they will be transfers into IEPF with interest.
Unclaimed amount is deposited with scheduled bank and until the expiry of 7 yrs this amount and any interest thereon will be kept on the same account after expiry of seven year they will be transfers into IEPF with interest.
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