Section 124.Unpaid Dividend Account -(5)Any money transferred to the Unpaid Dividend Account of a company in pursuance of this section which remains unpaid or unclaimed for a period of seven years from the date of such transfer shall be transferred by the company along with interest accrued, if any, thereon to the Fund established under sub-section (1) of section 125 and the company shall send a statement in the prescribed form of the details of such transfer to the authority which administers the said Fund and that authority shall issue a receipt to the company as evidence of such transfer.
Consider the following statements regarding instruments of Monetary Policy:
I. The Repo rate is the interest rate at which the Reserve Bank provi...
How does the maximum tenor of takeout finance provided by IIFCL relate to the economic life of the project, expressed as a percentage?
How much amount was allocated to the Ministry of Rural Development in the Budget 2023-24?
According to the IFSCA Regulations 2024, the Board may establish sub-committees. What is the main purpose of these sub-committees?
Commercial bank credit to NBFCs for on-lending to priority sector is allowed up to _____ of the bank’s total PSL, as per RBI regulations?
What does CGRA expand to?
What is the revised timeline for Credit Information Companies (CICs) to ingest credit information data from Credit Institutions (CIs), effective Januar...
Consider the following statements regarding Pradhan Mantri Jan Aarogya Yojana (PM-JAY):
I. It targets the beneficiaries as identified by Socio-...
What is the correct sequence of the following functions of a manager in an organization?
1. Motivation
2. Controlling
3. Organ...
Who shall preside over the meetings of IFSCA if the Chairperson is not present?