Dividend - Pt2 ...... 2

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Inkesim Dinidanal

lors og tnadeguay p l e
duuing a pramial
ne event
a
out f r e s
1Tn Diuiernd h a l l le
daclared/ paid
Inberim
eag, n o
Rerenes. ma lonud.
doclauad at a meeking
Tnleim Diuldend
shall be
.
Conndal
hal!
Diueend he
dnad
Dnterim
while Aelaning ho terim iidara
ich
renullt ge he peuvnd fon
The finantal n a t me pinaeta
be Labisfhed
declarud annd hould delaaha
be
o
usthes and Arpprs he
posnhon h e Cmpany
m e oliniolend
take tnko a e e m t
rerlb shall
7khe i n a n i a l
(adepreziahenþot
he pull yea
me cowpamy
6) tax m pijik
Jose a me hinamual yca
aubupaed peid
6The
would e reguired o be
oliudedend hab
d) m Peprenat anes
a t lhe hxed ali he cneut yea
mcunnd, ny olning
e)he lones (mmediakely pre tadiy
end he 9uare,
upto m Diuidao
oleelanahon g nkeivim
he d a Diteliud
ntenim
Case claue (e) alOuL,
kuhu, a t a sali hiyhau ham aveupe
hall ne be declarud precasding
d u n g he immedinlely
Diudend d i l a u l
hree inanuial yeayt.
ee 124 HUnpaid Dinidend Accoumt
1. whene diudlend has been oleelased by a company but
a

not been paid o clatmed hohan 3o olayy hom he dath tas


ha daclaaben, he cempay shall usnun
hm he dale ma-ergtry 7o
erpiry ) the said pend, tomnfet
otal anan hu
luidnd Whuidh remains
upaud oi unlainmed to a speidl
atcomt o be pened by he
Cowpany m hat behalf n amy
Sehedudd banh to be caled he Unpaid Duudnd
neoun
7he Company Aall, whuin a
pecid 9o dayy malmg
tamsler r me Unpaid Diuided Areount prepare a talaignt
Combaining he names, heiu last évonn addenes n d lhe
npaid d niolend 6 be paiA o each penn and poa
Bm he web mlë h a conrparry .
. T any delaull us made n rauheruing heLaid ana ut
t4hall pay,frem hi dali ueh dafault, inkutsn erek
muuh he amsount a has het been toanfenu s 4
Laid aeount 12 A annum
o be e n i t u s o amy anount baspu
I y pemen clatnnng
to ne Unpau Dinioend
Haount
) ht Conpay mdy apy
he meny clairnud,
h Conppay fa payent
meney tramfened to he np aid Diuelenad Aeeoumt
ry
wWhuih remains wnpaid bt wmlained fon a pevad

Zyeas pom f u a kawfet shaU be kaufeuud


he dal
/ h thseu a t c r u d w n uestr
by he onpamy along
coluiaha and Proterhou Fw.
V. AlAsus m repeat i e d diniolend has wst been pad
7 conseeutine yea 0l m e u t a l l be
dainad ft
toanafeud by he Cempary i me name i lnuero
Prafeulen hul
Fduuahn anod
Explanabion: n case any diuided di paisd ol clatmudfr
Conseeubue
ay yea duung mo said peutad 7yeaS, no stau
hall not be knfvud to nuesky Elaeah eu and
Ahatechon furd.
V Tf a cempany fads to enply h amy o regui'renantt
nad Seken, ueh cenpany shall be Liaslh to a penol

0 0 , OvD and in Case


d coninuing failuse, rm 2

turhet penalky ) 7 SD fr ead elay ayhi he r r t


duing whih s u h hasluue tonhinues, tbjert th a mauimu
who l
lo, vo,otv amol eney h tot he Conpary 4

and
lefault shall be lunble to a penalty a? 2Soo
Cae t) Ceninuung failwne, n h a fuhet penally i (D

t y ach day afli me tist olming ih a i hunt


Cenbinues, sulyeet h a maimLem 209,oDp

Aaitronal ponts
n e comp ary
& b tanafu d smh hans to he Fumd,
me cem cenund m e e
shall 4end tnoluinuidual noke
aailnle
atleas 3 menths aolance at hiu labest
delai
gining
oddre s i t k e d wh e conpa me
shanes cdue foc kufe
he nnensers amel he o n he anebsie
oluteib 4haU be uploaoled
rumd. u e
be Cemp ay i leadu9
imultaneeusl pnhlirhad
shall also be we
1.A rohe and larguaye hauing
regioal
n e n p a p e t in aguh, he
ahore me g i k u d p u
he place
Circulahm u me cen cennnd
membe
1tuated, mjehndng ane
u h e r e s haney
Cnnpary shaneveldest
ueh
(D-
h a - me namej
nume e1 DP
heiu folo
odue fbnnsfel and nesttke
auailatle ov company
cuent lD a n e he nd, ual
shnes banferred
1. ry cairnant
% daim ueh shanas tai as
per he preaue
enitted
prescuibed Druidnd
a l l mt kauefu amy s hane
. 7heCempany
whene mee u a peelfc Couy
amount 6 ne hud,
7nbunal statubry authoiy restoa/ning
der en o1 any
diutdard
haney a paymdub )
any trmnHu d
Divonal
(c. 127)
Pursbmanue fr failure to pay diuidard
dintilend has been declared by net
.whue a a
corpany buk fos
been paid on ne maamb repect heest hos not been
posted oIhin 3o dags pom he dath ) daelaahorn, o a y
ko
hareloladet eatad s emey dreesrma tompany, hulu,
hal! le punithaslh nm
s knohtisy a paly b he defaull,
nh hia
mpnethheut aNch may
extend t 2 yeet and
whhich w u
shall no be les han loo fer euay dny odmurg
Cmbnue amd e company hall le
lintle 6 py p e
delault i a na
Inkerer @ 18% pe amnuum oluuinghe peiiad fa
olehatlt Conbnue
deemed o home bea
shall be
mdeu his feehon
(Nb h e
Com mited,
he dlinidend Could net be paud by r e a t m h e ahoudt
(a)hee he Compar
amy a direcbm ó
has ginen dirchrg
Khee a
haneboldet
deulalend avnd rene
6) me pauymeut t he
Cenamunila~d
rguding been
ane as
anal Ihe
Comnotle canpliedolh
he
me nghE 6 receie

heu hers is despute rganolang


C) by ne
dinielend adunted
diuirlend kas
bean lati
me he hoxekoldla
Wrere
gum dree
t i fom
apaint a n pay to e dinl
Cernp amy failuse
othet rearen, he o l a s hui
Whe fn any wmhin he periad
hwauanmt
he o n h e pauf
o post
o amy d e f a u l
Jehon hlas not due
/he Cemp ay
. .

Dinidend
and Prokechn fumel
Innegtog Eluuahion Called h nuesto
to se
estalliih, a hmd
ment shall
The anbral GomaUn
() fd
roechon
u c a b m and

edded bo he hurad: fa
I These shall be Goumnmenb by hmay g r a n l ;
me enhal
by
h e ammount 9inen Sali
dat apepriattm foven tnl,
hmd b he embal
he
greu o
pupoy
olenahns tnshtbon for ma
(6) companies
d any othat
n e n mauds)
Canpanies
he Funa avot
amount
ma mpaid olinioltnd
(C)he
toamafened o
mo hund hs Canral
aieom resne

i ha genaal aico wt
he
amont
been trrmfeuua
o hat
( menl- W u h
had cemencepent ) me het
onun u n u l a i n e d on he
Pretechon fmnd
si
remaining umpaia Lnveter
E l u c a h o n ano
n he tnerbrrenbs

e) ha a m o unt lyip
mcome
eceined
out -
n ethe
he inberest
f) he hd Seehm 38
made em unolet allekreu

amout
eceined
Conpamès a
he eLei
ned
6y
r e 4Pphicahtn
meniy amd o l u e fn refmd
(h) s h a r e s os
debenburd banling comyauie
amy n e Dram
mlh Cempami
matumed depomb mh compamie
d e b n t u r

L) depesiAatk o i claueslh bg)


mamud a w u E
meA
U) he resuana
tnbewst
aecnud m
4hasaf aurng
oub i
(k) pachmal amalyamaisn

) Sale precerds ano aegettrta


hass, mugu
6nud
01
mev yeaNS nemaining
suen harus
n Preferene
mo wt moe jeasor;
m) redemphim m u l a i m u d for seuen eL

Unpaid 0L resuibeol.
moay be p ay
K) oi) s t a l l
amourih
suh ame claves
(n) amoumt rfemad o i
hat o n u
remaine-
a m o m t has
Prowided umles such
me Fund Jears fom h e
tom p a t ) a fpeuind o)Jentn
and unpaud fr
umulalnmed
fm payment
.

dali t became odue


utilred pr,
fuud Aall le
matuued
The Lnelaimad oliuidevds,
(il) m epeet d due
a) ho f u d ho applicahon m m y
matuwd debentures,
deposik, tnteest thataon,
refma and
b) promehey (nuestod CoucalN°*, aMaAenLM and profehon
C) d's ri luben ) anmy dirgorgud amount anaong eljide
Ana ilanb fralh a/pli'iandt fec sharas o1 datenbu r e
ho hou
shanthedass, debutnu -hoelolart ot dipouh
aehons by any p e m
Sudfeca loses dua to wrng madle Counb Whid
accotoanto unlh me oolast by. e
in
Kad odencd oldkgorzeneuk
expemu m pu rtuing cloy
) metrse mint legal
amol 2 v by memyeM,
acben u i t unolat Sechem 37
dapenhue helblers ot oepou1 ay may be sanahionad ut
The dhsgoged anno
b'y-he Tnbumal rejes fo Ma
annous

pupee i ctolental naut eeiy


e) amy ehe
uch les a may ha prweribidl zeuihe
accodance wnlh
be enbita o ae{ amoumt may
persm clatmin o ne payraut
V r cembhuted unda ee. /2s
o
apply aulhouy
ha
0menay caimed.
censtitnä an auhouy fr
all
anbel 4uLnmenb a chairpemn
(
he
acrninit
rrhn ) he Funal censithng
net e ceading 7 amd
a
chie
menbers opp7ne.
and u e h
olhe
l e r a l Gonun meut may
he
execuh ue aL, a s aprrnbrmeut
h a hund,
admndthabon
fie
chlef execuh
manna u
(VThe nnaulgt
wnad
holpeton, w a y apTnl-
lntal Guun ment suuly
a he o he authniý
may-prouide
Goueun ment a n d
aeLodane
i
The Cemhral
reaourc
ohes
(vu ennphoyeus
0s as may
be pre.atbed.
nh e h
nulas as
amd m a i n t a u y
adminiiat
ho Fmdl
tall u elabs
recod
(Vi) 7he auhoui ne reluaut
a t c o u n t and
ipanati a may be prescu bed a f
Fiud nuh om amd Arsd feria
to he Coprallor
Conultahen whlh gwprtr asaa Lodiá.
me authoua mnolet fuabon Ais
(Ix) Zt 4all be Conapeten fon o u ) w hund fo Canuyny
Seehion fo 4pevd menay
e e t 2 his Sec6en
ont vbjeckt speuihed i
he
ho CAG arE
hall be audited by
(X) 7he aountt haye fudle prescudbea by Aim. Sheh avdikes
u h tnteevalj may
be frunlaLdad d
aleowuk alenpath
annual repotshal!
ho lantal Goudtn mayt

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