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 ... Summary
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.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.