Registrar maintenance of separate accounts ensures company-specific tracking of deposited unpaid dividends and undistributed assets. Rule 6 mandates that the Registrar of Companies maintain separate accounts in his office for each company whose unpaid dividends or undistributed assets are deposited with the Registrar, establishing a company-specific recordkeeping obligation to segregate and track those deposited funds and assets.
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.
Registrar maintenance of separate accounts ensures company-specific tracking of deposited unpaid dividends and undistributed assets.
Rule 6 mandates that the Registrar of Companies maintain separate accounts in his office for each company whose unpaid dividends or undistributed assets are deposited with the Registrar, establishing a company-specific recordkeeping obligation to segregate and track those deposited funds and assets.
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