https://www.taxtmi.com/acts?id=14101 The Official Liquidator must open a separate dividend account for each company in liquidation, titled to identify the company, and maintain a distinct account for each declaration of dividend. Upon declaration, the total dividends must be deposited by transfer from the Official Liquidator's Reserve Bank account into the relevant dividend account, from which all dividend payments are to be made; any unpaid balance must be transferred back to the Reserve Bank account before being paid into the company's liquidation account as unclaimed dividends. en-us Tue, 31 May 2011 15:05:44 +0530 Tue, 31 May 2011 15:05:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=14101 The Official Liquidator must open a separate dividend account for each company in liquidation, titled to identify the company, and maintain a distinct account for each declaration of dividend. Upon declaration, the total dividends must be deposited by transfer from the Official Liquidator's Reserve Bank account into the relevant dividend account, from which all dividend payments are to be made; any unpaid balance must be transferred back to the Reserve Bank account before being paid into the company's liquidation account as unclaimed dividends. Act-Rules Companies Law Tue, 31 May 2011 15:05:44 +0530 https://www.taxtmi.com/acts?id=14101