Dividend warrant sent by registered post only

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

03 December 2013 Dear Expert,

Wheteher Dividend Warrant should be sent only Registered Post only ? If yes Please tell me this mentioned in which law ?

Ajay Mishra

Ajay Mishra (Expert)
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03 December 2013 Hi

Dividend Warrants/cheques for an amount exceeding Rs. 1,500 per instrument should be sent by registered post and the dividend warrant/cheques below the said amount be dispatched under certificate of posting. However, the company may also deliver the dividend warrant to the members personally on obtaining a request letter to that effect in writing.

Querist : Anonymous

Querist : Anonymous (Querist)

03 December 2013 Dear Sir,

Please tell me these lines "Dividend Warrants/cheques for an amount exceeding Rs. 1500 per instrument should be sent by registered post" mentioned in which act ? also trell me that what do you mean by certificate of posting ?

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