Transfer of unpaid dividend

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

22 July 2010 Our company is required to transfer unpaid dividend to IEPF in Oct, 2010.

1) Please inform me about the formalities to be completed

2) Is it requiured to send any notice to shareholders for claiming unpaid dividend before transferring and if yes, please also format of the same.

Rasesh

Rasesh (Expert)
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22 July 2010 1) No formalities are required. Simply file the Form 1 with detailed list and transfer the amount in the IEPF account.

2) No intimation to shareholders required.