Unpaid dividend
Guest
(Querist) 21 October 2014
This query is : Resolved
There is some dispute with regard to registration of transfer and the court has issued an ad-interim injunction order in terms of prayers (a) to (e) of the petition. In prayer (c) the Plaintiff has prayed for perpetual injunction restraining the defendent from issuing any dividend, right shares etc pertaining to the disputed shares in favour of any party.Since more than 7 years have passed,Bank with which Unpaid Dividend Account was opened is insisting for closing the account by way of transfer to IEPF A/c.
Read more at: http://www.caclubindia.com/experts/ask_query.asp
Sudhir Kumar, Advocate
(Expert) 22 October 2014
vague query. Nothing conveyed.
do not expect the experts of this forum giving free advise to run around the web and locate facts and then advise.
V R SHROFF
(Expert) 22 October 2014
Shri Maitra,
A.K.Maitra,M.Com;LL.B;A.C.A;A.C.S;M.I.M.A
Retd. Company Secretary & General Manager(Law) of Nationanal Fertilizers Ltd
I fully support views of Shri Sudhir Kumar.
as u ur self is capable to do this leg work///
Guest
(Querist) 23 October 2014
Dear Mr. V.R. Shroff
There was no need to mention name of my past employer and my designation in your reply.
In the past also,I warned you about this.
This is not expected from you.
I only wanted to share my knowledge with you.
Guest
(Expert) 23 October 2014
The Said Expert is a Very Senior,Reputed and Respectable Expert of LCI. The Author is Requested to Withdraw his statement as WARNING.There are other forums to share their knowledge and this forum is to help the deserving Authors/Querists
Anirudh
(Expert) 23 October 2014
Dear Mr. Maitra,
After all, as per the orders of the Court, the Company is not to make payment of dividend to any one in respect of the shares in dispute.
If that be so, the Company can keep the same in a separate account with itself, instead of opening a separate account in a Bank. As and when the court resolves the dispute about the ownership of the share, and directs release of the past dividends, the same can be released by the Company. There should not be any problem in doing so.
In any case, the amount cannot be credited into the IEPF A/c.
You have said Read more at: http://www.caclubindia.com/experts/ask_query.asp
Please note, not even a single extra pull stop or comma is there in the said link, than what you have posted here.
T. Kalaiselvan, Advocate
(Expert) 23 October 2014
The author's behavior is condemn able, he cannot issue warnings to the people who opt to advise free of cost, especially expert Mr. Shroff has commands a very good respect and reputation owing to his skill, experience and knowledge, his admirable advises/opinions/suggestions here not only benefits the queriests but also the experts and others in general. The author may withdraw his statement and should have more control over his language while addressing respected senior advocates/experts. Be contended with the advise/opinion rendered by expert Mr. Anirudh.
H.M.Patnaik
(Expert) 23 October 2014
The behaviour of the author by way of his posting is very deplorable. Any such postings should not be allowed in this this form in future.
Guest
(Querist) 24 October 2014
I am withdrawing my comment regarding warning but I would request him not to use my past employer's name and my designation there while giving any reply to my query.
Sudhir Kumar, Advocate
(Expert) 24 October 2014
thank you.
If the author could share the facts the experts could attempt considered views to be shared on the same.
Guest
(Querist) 24 October 2014
I fully agree with the views of Mr. Anirudh on the above matter.
Guest
(Expert) 24 October 2014
Referring a Person who had not filled his personal profile in LCI for more then 4 Years and Still Continuing advising and making comments about others with out any identity speaks about you
Guest
(Querist) 24 October 2014
If it was necessary to file personal profile,it should have been asked for before admitting me as a member.That was not my fault.
I have already requested for withdrawal of my membership from your group.
Hence, no further comment is necessary on the matter.
Guest
(Expert) 24 October 2014
The Person referred by you also has No Profile about Himself
Sudhir Kumar, Advocate
(Expert) 24 October 2014
thank you.
If the author could share the facts the experts could attempt considered views to be shared on the same.
Guest
(Querist) 24 October 2014
No further advice is necessary.Issue is already resolved.REFERENCE OF THE LINK IN MY QUERY http://www.caclubindia.com/experts/ask_query.asp WAS A TYPOGRAPHICAL MISTAKE.IT MAY KINDLY BE IGNORED.
