https://www.taxtmi.com/acts?id=12961 The liquidator must pay into the Companies Liquidation Account at the Reserve Bank any dividends unpaid for six months or contributory assets undistributed for six months, and similar monies on dissolution, furnishing a prescribed statement; claimants may apply to the Tribunal or to the Central Government for payment, and unclaimed funds after fifteen years transfer to government revenue though claims remain possible; liquidators who retain such monies incur interest, penalties, expenses, and possible disallowance of remuneration and removal. en-us Wed, 18 May 2011 14:26:23 +0530 Wed, 18 May 2011 14:26:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12961 The liquidator must pay into the Companies Liquidation Account at the Reserve Bank any dividends unpaid for six months or contributory assets undistributed for six months, and similar monies on dissolution, furnishing a prescribed statement; claimants may apply to the Tribunal or to the Central Government for payment, and unclaimed funds after fifteen years transfer to government revenue though claims remain possible; liquidators who retain such monies incur interest, penalties, expenses, and possible disallowance of remuneration and removal. Act-Rules Companies Law Wed, 18 May 2011 14:26:23 +0530 https://www.taxtmi.com/acts?id=12961