Transfer of unpaid dividend Scope of the section explained in the context of expressions “has not been paid” and “warrant in respect thereof has not been posted” used therein.

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....28/76 Dated:- 1-9-1976 Circular<br>Companies Law<br>Circular: No. 28/76 [6/8/76&#8209;CL&#8209;XIV and 8/30(205A)/75&#8209;CL&#8209;V], dated 1&#8209;9&#8209;1976. Subject:- Transfer of unpaid divide....

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....therein are used to denote two separate contingencies and hence the provisions thereof do not apply to a case where company has posted the dividend warrant within forty&#8209;two days from the date of....