Form No. 159 - Statement of unclaimed dividends or undistributed assets paid under section 555(1) and (2), into the Companies Liquidation Account in the Reserve Bank of India [to be furnished under section 555(3)]
Company Court Rules, 1959 Chapter 01
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Unclaimed dividends reporting requires detailed liquidator statements and itemised remittance into the Companies Liquidation Account. Form No. 159 requires a liquidator to furnish a statement identifying the company and winding up type, the dates of commencement and payment into the Companies Liquidation Account, and itemised particulars for each creditor and contributory showing name, address, declaration date and rate, total amount, last payable date, amount paid into the Companies Liquidation Account and remarks, followed by totals for unclaimed dividends, undistributed assets and an overall total, dated and signed by the liquidator(s).
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.
Unclaimed dividends reporting requires detailed liquidator statements and itemised remittance into the Companies Liquidation Account.
Form No. 159 requires a liquidator to furnish a statement identifying the company and winding up type, the dates of commencement and payment into the Companies Liquidation Account, and itemised particulars for each creditor and contributory showing name, address, declaration date and rate, total amount, last payable date, amount paid into the Companies Liquidation Account and remarks, followed by totals for unclaimed dividends, undistributed assets and an overall total, dated and signed by the liquidator(s).
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