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2012 (4) TMI 433 - DELHI HIGH COURTNo response to notices in lieu of Procedure for Early Redemption of Bonds - transfer of unpaid dividend account of a company to the fund established IEPF under Section 205C – Writ Petition – Held that:- Section 205 C is a salutary and virtuous provision enacted to ensure that a company does not unjustifiably and unduly enrich themselves, as the depositors have failed to stake claim and have not been paid for a period of seven years from the date the amount became due – no reason to hold that the said provisions are unconstitutional or they violate Article 14 of the Constitution - serious lapses on the part of the petitioner as no intimation of change of address ,hence could not be communicated about the premature redemption and no bother to read the terms and conditions of allotment including the early redemption clause - when a matter either on question of fact or on a question of law decided between two parties in one proceeding and the decision is final either because no appeal was taken to a higher Court or because the appeal was dismissed, neither party will be allowed in a future proceedings between the same parties to canvas the matter again.
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