Tax Management India. Com
                            Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Manuals News SMS Articles Highlights
        Home        
 
Extracts
Home List
← Previous Next →

INVESTOR EDUCATION AND PROTECTION FUND

Corporate Laws / Banking / SEBI - By: - Mr. M. GOVINDARAJAN - Dated:- 7-3-2018 - Section 205C of the Companies Act, 1956 provided for the establishment a Fund by the Central Government to be called the . The same has been extended in the Companies Act, 2013 ( Act for short) which repealed the Companies Act, 1956. Section 125 (1) of the Act provides that the Central Government shall establish a Fund to be called the ( Fund for short). Source of Fund The source of the Fund may be in the following .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

by way of grants after due appropriation made by Parliament by law in this behalf for being utilized for the purposes of the Fund; donations given to the Fund by the Central Government, State Government, companies or any other institution for the purposes of this Fund. Unpaid dividend account Section 124(5) of the Act provides that any money transferred to the Unpaid Dividend Account of a company in pursuance of Section 124 which remains unpaid or unclaimed for a period of seven years from the d .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

nt of a company in pursuance of section 205A which remains unpaid or unclaimed for a period of seven years from the date of such transfer shall be transferred by the company to the . Section 125(2) (d) of the Act provides that the amount in the general revenue account of the Central Government which had been transferred to that account under section 205A (5) of the Companies Act, 1956, as it stood immediately before the commencement of Companies (Amendment) Act, 1999 and remaining unpaid or uncl .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

efund and interest accrued (this amount shall not form part of the Fund unless such amount has remained unclaimed and unpaid for a period of seven years from the date it became due for payment); matured deposits with companies other than banking companies and interest accrued (this amount shall not form part of the Fund unless such amount has remained unclaimed and unpaid for a period of seven years from the date it became due for payment); matured deposits with companies and interest accrued (t .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 


|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.