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

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