9911796707
TMI BlogInvestor Education and Protection FundX X X X Extracts X X X X X X X X Extracts X X X X ..... entral Government by way of grants after due appropriation made by Parliament by law in this behalf for being utilised for the purposes of the Fund; ( b ) donations given to the Fund by the Central Government, State Governments, companies or any other institution for the purposes of the Fund; ( c ) the amount in the Unpaid Dividend Account of companies transferred to the Fund under sub-section (5) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... than banking companies; ( j ) matured debentures with companies; ( k ) interest accrued on the amounts referred to in clauses ( h ) to ( j ); ( l ) sale proceeds of fractional shares arising out of issuance of bonus shares, merger and amalgamation for seven or more years; ( m ) redemption amount of preference shares remaining unpaid or unclaimed for seven or more years; and ( n ) such other amount ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... reimbursement of legal expenses incurred in pursuing class action suits under sections 37 and 245 by members, debenture-holders or depositors as may be sanctioned by the Tribunal; and ( e ) any other purpose incidental thereto, in accordance with such rules as may be prescribed: Provided that the person whose amounts referred to in clauses ( a ) to ( d ) of sub-section (2) of section 205C transfe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ent may appoint. (6) The manner of administration of the Fund, appointment of chairperson, members and chief executive officer, holding of meetings of the authority shall be in accordance with such rules as may be prescribed. (7) The Central Government may provide to the authority such offices, officers, employees and other resources in accordance with such rules as may be prescribed. (8) The auth ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ull account of its activities during the financial year and forward a copy thereof to the Central Government and the Central Government shall cause the annual report and the audit report given by the Comptroller and Auditor-General of India to be laid before each House of Parliament. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management ..... X X X X Extracts X X X X X X X X Extracts X X X X
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