https://www.taxtmi.com/circulars?id=11097 Companies may remit dividends in cash, by cheque or warrant, and may also transmit dividends electronically where shareholders consent and nominate a bank account. The circular highlights losses and delays from postal warrants and, citing a vigilance recommendation favouring computerised remittance for transparency, urges listed companies to obtain shareholder authorisations for electronic transfer and to implement such procedures promptly to avoid delays and protect investors. en-us Wed, 12 May 1999 00:00:00 +0530 Mon, 20 Jun 2011 18:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11097 Companies may remit dividends in cash, by cheque or warrant, and may also transmit dividends electronically where shareholders consent and nominate a bank account. The circular highlights losses and delays from postal warrants and, citing a vigilance recommendation favouring computerised remittance for transparency, urges listed companies to obtain shareholder authorisations for electronic transfer and to implement such procedures promptly to avoid delays and protect investors. Circulars Companies Law Wed, 12 May 1999 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11097