Amendment in Schedule VI under powers conferred by sub-section (1) of section 641 of the Companies Act, 1956
Ministry of Finance and Company Affairs
Department of Company Affairs
NOTIFICATION
New Delhi, the 13th November, 2002
G.S.R. 762(E).-In exercise of the powers conferred by sub-section (1) of section 641 of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following further amendment in Schedule VI of the said Act, namely:-
In Schedule VI, in Form of Balance Sheet, under heading “LIABILITIES”, in sub-heading “CURRENT LIABILITIES AND PROVISIONS”, for brackets, figure and words “(5) Unclaimed Dividends”, the following shall be substituted, namely:-
“(5) Investor Education and Protection Fund shall be credited by the following amounts namely:-
(a)Unpaid dividend;
(b)Unpaid application money received by the companies for allotment of securities and due for refund;
(c)Unpaid Matured Deposits;
(d)Unpaid Matured Debentures;
(e)Interest accrued on (a) to (d) above”.
[F.No. 1/7/2002-CL.V(Pt.)]
RAJIV MEHRISHI
Joint Secretary