Unpaid divident

This query is : Resolved

neetu (Querist)
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20 January 2012 Dear Sir

Can you please explain me the treatment of the balance amount left in unpaid dividend Account of the public limited co of past years.The period begins from A/Y 2004-2005

Thanks in advance

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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20 January 2012 The Company has to comply the provisions of Section 205C of the
Companies Act, 1956,and shall transfer the unclaimed dividends for the year 2004-05 to to Investor Education and Protection Fund.

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