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        Companies Law

        Rule 277 - Form of authority to pay dividend.

        Company Court Rules, 1959
        Chapter 01

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        Authority to redirect dividend payments allows entitled persons to instruct the Official Liquidator to pay another person under prescribed form. A person entitled to a dividend may lodge with the Official Liquidator an authority in writing directing payment of the dividend to another named person; such authority must conform to the prescribed form specified for that purpose.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                        Provisions expressly mentioned in the judgment/order text.

                            Authority to redirect dividend payments allows entitled persons to instruct the Official Liquidator to pay another person under prescribed form.

                            A person entitled to a dividend may lodge with the Official Liquidator an authority in writing directing payment of the dividend to another named person; such authority must conform to the prescribed form specified for that purpose.


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