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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Companies Must Transfer Unclaimed Dividends Over Three Years to Government per Section 205A(6) of Companies Act, 1956.</h1> The procedure under the Companies Unpaid Dividend (Transfer to General Revenue Account of the Central Government) Rules, 1978, for transferring unpaid or unclaimed dividends and interest to the Central Government's general revenue account, as per section 205A(6) of the Companies Act, 1956. It requires companies to provide details such as the company's name, registered office, payment particulars, and member information. The document certifies that amounts unpaid for over three years are transferred to the government account. It must be signed by the company secretary and directors, ensuring compliance with statutory requirements.
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