Amendment in Schedule V under powers conferred by sub-section (1) of section 641 of the Companies Act, 1956
Department of Company Affairs
NOTIFICATION
New Delhi, the 2nd November, 2002
G.S.R. 751(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 V of the said Act, namely:-
In Schedule V relating “Annual Return”, in Part II, for clause (c) and the entries relating thereto, the following shall be substituted, namely :-
“(c) the whole of amounts envisaged in clauses (a) to (e) of sub-section (2) of section 205C of the Companies Act, 1956 remaining unpaid or unclaimed for a period of seven years from the date they become payable by a company have been credited to the Investor Education and Protection Fund:”
[ F.No. 1/7/2002-CL.V(Pt.) ]
RAJIV MEHRISHI
Joint Secretary