Dividend declaration notice specifying rate, payment period and entitlement notice requirement for distribution by liquidator. Advertisement requires public notice stating the dividend per rupee, payment commencement date and subsequent working days for payment at the Company Liquidator's office; it must indicate whether the dividend is first/second/final and provide that only persons receiving an entitlement notice will be paid upon production of that notice.
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.
Dividend declaration notice specifying rate, payment period and entitlement notice requirement for distribution by liquidator.
Advertisement requires public notice stating the dividend per rupee, payment commencement date and subsequent working days for payment at the Company Liquidator's office; it must indicate whether the dividend is first/second/final and provide that only persons receiving an entitlement notice will be paid upon production of that notice.
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