PAYMENT OF UNCLAIMED DIVIDENDS OR UNDISTRIBUTED ASSETS INTO THE COMPANY LIQUIDATION DIVIDEND AND UNDISTRIBUTED ASSETS ACCOUNT IN A WINDING UP (From Rule 179 to Rule 182)
Transmission of dividends may be by money order or electronic bank transfer at the payee's request, risk, and cost. Dividends and returns of capital may, at the request and risk and cost of the person to whom they are payable, be transmitted by money order, or to his bank account through electronic means as may be appropriate.
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.
Transmission of dividends may be by money order or electronic bank transfer at the payee's request, risk, and cost.
Dividends and returns of capital may, at the request and risk and cost of the person to whom they are payable, be transmitted by money order, or to his bank account through electronic means as may be appropriate.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.