A family holds , ( in different folios)several shares of public limited companies, listed at NSE / BSE, mostly in physical form and in demat accaounts with Aditya Birla money ( not active, as there is No trading) . this ABM does not issue holdings statement (either by mail / or by courier)though mandatory
it has been noticed that , usually , dividend used to come via cheques , from last 3 years, the Nos.of dividend payout to these folios have drastically reduced to No., as there is / was NO ECS mandate, what recousrses can be taken, by investors,? How to proceed further to held responsible eithet to company or its R &T agent company.?
CAclubindia
