https://www.taxtmi.com/news?id=4160 Companies must pay declared dividends within thirty days and retain any unpaid or unclaimed amounts in a Special Bank Account for up to seven years, after which amounts are required to be transferred to the Investor Education and Protection Fund (IEPF); rules prescribe the transfer mechanism, non compliance is punishable, a web based disclosure framework notifies investors of such balances, and the Companies Bill, 2011 retains the regime while allowing refunds to claimants even after transfer to the IEPF. en-us Fri, 30 Nov 2012 19:05:36 +0530 Fri, 30 Nov 2012 19:05:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4160 Companies must pay declared dividends within thirty days and retain any unpaid or unclaimed amounts in a Special Bank Account for up to seven years, after which amounts are required to be transferred to the Investor Education and Protection Fund (IEPF); rules prescribe the transfer mechanism, non compliance is punishable, a web based disclosure framework notifies investors of such balances, and the Companies Bill, 2011 retains the regime while allowing refunds to claimants even after transfer to the IEPF. News - Fri, 30 Nov 2012 19:05:36 +0530 https://www.taxtmi.com/news?id=4160