Deposit of unpaid amount to credit of IEPF under section 205C of the Companies Act, 1956 - Violation thereof, prosecution for

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... id amount to credit of IEPF under section 205C of the Companies Act, 1956 - Violation thereof, prosecution for General Circular No. 1/2006, dated 2-1-2006 Recently a reference has been made to the Ministry on interpretation and implementation of spirit behind General Circular No. 6/2004 vide F. No. 17/63/99 CL.V dated 10th August, 2004 wherein it was mentioned that in cases where compli .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... re, all Regional Directors and Registrar of Companies are advised to take note of the spirit behind Circular dated 10th August, 2004 while contemplating action under section 205C of the Act and proceed in only those cases where compliance had not been made by 31st March, 2003. Accordingly, further action to withdraw prosecution may be taken, wherever filed, against such companies, as are complia .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X