Unpaid divident
This query is : Resolved
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
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
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.
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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