Bank Account for deposit of unclaimed dividends and/or undistributed proceeds in liquidation process

For depositing of the amount of unclaimed dividends and undistributed proceeds, if any, in a liquidation process, IBBI has opened a separate bank account and provided details of the said bank account in this Circular.

Source: https://www.ibbi.gov.in/webadmin/pdf/whatsnew/2020/Jan/Liq-circular27_2020-01-09%2023:56:57.pdf

Effective date: January 9, 2020

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