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Transfer of unpaid dividends must be remitted to designated bank branches for credit to the General Revenue Account promptly. Monies arising from unpaid dividends required to be transferred to the General Revenue Account must be remitted to designated branches of the specified bank within the prescribed period and accounted under the 068-Miscellaneous General Services-Unpaid Dividends of Companies head to ensure centralized credit to the Central Government.
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.
Transfer of unpaid dividends must be remitted to designated bank branches for credit to the General Revenue Account promptly.
Monies arising from unpaid dividends required to be transferred to the General Revenue Account must be remitted to designated branches of the specified bank within the prescribed period and accounted under the 068-Miscellaneous General Services-Unpaid Dividends of Companies head to ensure centralized credit to the Central Government.
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