Electronic Clearing Service for dividend payments promotes direct electronic transfer to shareholder bank accounts, reducing remittance delays. Promotion of electronic transfer for dividend disbursement urges listed companies to use Electronic Clearing Service (Credit Clearing) and to encourage shareholders to provide authorisation to remit dividend directly to designated bank accounts by electronic transfer to reduce remittance delays.
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.
Electronic Clearing Service for dividend payments promotes direct electronic transfer to shareholder bank accounts, reducing remittance delays.
Promotion of electronic transfer for dividend disbursement urges listed companies to use Electronic Clearing Service (Credit Clearing) and to encourage shareholders to provide authorisation to remit dividend directly to designated bank accounts by electronic transfer to reduce remittance delays.
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