Amendment in Schedule VI under powers conferred by sub-section (1) of section 641 of the Companies Act, 1956. - G.S.R. 762(E). - Companies Law

PUBLISHED IN THE GAZETTE OF INDIA (EXTRAORDINARY) IN PART II SECTION 3 SUB-SECTION (i) Ministry of Finance and Company Affairs Department of Company Affairs NOTIFICATION New Delhi, the 13th November, 2002 Subject:- Amendment in Schedule VI under powers conferred by sub-section (1) of section 641 of the Companies Act, 1956. 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