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        Companies Law

        Rule 181 - Application by person for payment of money paid into the Company Liquidation Dividend and Undistributed Assets Account

        Companies (Winding Up) Rules, 2020
        PAYMENT OF UNCLAIMED DIVIDENDS OR UNDISTRIBUTED ASSETS INTO THE COMPANY
        LIQUIDATION DIVIDEND AND UNDISTRIBUTED ASSETS ACCOUNT IN A WINDING UP

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        Application for payment from Company Liquidation Dividend and Undistributed Assets Account must disclose prior Central Government application status. Rule 181 requires a person claiming entitlement to money paid into the Company Liquidation Dividend and Undistributed Assets Account to state whether they had applied to the Central Government for payment and, if so, to provide the result of that application.
                        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.

                              Application for payment from Company Liquidation Dividend and Undistributed Assets Account must disclose prior Central Government application status.

                              Rule 181 requires a person claiming entitlement to money paid into the Company Liquidation Dividend and Undistributed Assets Account to state whether they had applied to the Central Government for payment and, if so, to provide the result of that application.


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