Unpaid Dividend Account.

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...., within seven days from the date of expiry of the said period of thirty days, transfer the total amount of dividend which remains unpaid or unclaimed to a special account to be opened by the company in that behalf in any scheduled bank to be called the Unpaid Dividend Account.      (2) The company shall, within a period of ninety days of making any transfer of an amount ....

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....t of the members of the company in proportion to the amount remaining unpaid to them.      (4) Any person claiming to be entitled to any money transferred under sub-section (1) to the Unpaid Dividend Account of the company may apply to the company for payment of the money claimed.      (5) Any money transferred to the Unpaid Dividend Account of a....

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....ed:           Provided that any claimant of shares transferred above shall be entitled to claim the transfer of shares from Investor Education and Protection Fund in accordance with such procedure and on submission of such documents as may be prescribed.      (7) If a company fails to comply with any of the requirements of ....