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Unpaid dividend transfer to central government requires detailed company statement and certification after prescribed dormancy period. Form I requires a company to report, pursuant to section 205A(6), detailed particulars when unpaid or unclaimed dividends and interest are transferred to the Central Government's General Revenue Account, including company identification, bank and challan details, financial year, an itemised list of members with folio, addresses, shareholdings, declaration and transfer dates, dividend and interest amounts, registrar payment entries, and a certification that amounts unpaid for three years have been transferred, signed by the secretary and at least one or two directors.
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Unpaid dividend transfer to central government requires detailed company statement and certification after prescribed dormancy period.
Form I requires a company to report, pursuant to section 205A(6), detailed particulars when unpaid or unclaimed dividends and interest are transferred to the Central Government's General Revenue Account, including company identification, bank and challan details, financial year, an itemised list of members with folio, addresses, shareholdings, declaration and transfer dates, dividend and interest amounts, registrar payment entries, and a certification that amounts unpaid for three years have been transferred, signed by the secretary and at least one or two directors.
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