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Extraordinary Gazette of India · Government of India

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Published 15 July 1975

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E-1249-1975-0255-55195
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REGISTERED NO. D-(D)-72

The Gazette of India

EXTRAORDINARY

PART II Section 3—Sub-section (ii)

PUBLISHED BY AUTHORITY

No. 255] NEW DELHI, TUESDAY, JULY 15, 1975/ASADHA 24, 1897

Separate paging in given to this Part in order that It may be filed

as a separate compilation

MINISTRY OF LAW, JUSTICE AND COMPANY AFFAIRS

(Department of Company Affairs)

NOTIFICATION

New Delhi, the 15th July 1975

3.O. 352(E).—In exercise of the powers conferred by sub-section (9) of sector 5A of the Companies (Temporary Restrictions on Dividends) Act, 1974 (35 of 1974), the Central Govern- ment hereby makes the following rules, namely:—

1. Short title and commencement—(1) These rules may be called the Companies (Temporary Restrictions on Dividends) Warrant Rules, 1975.

(2) They shall come into force on the date of their publication in the Official Gazette.

2, Definitions.—In these rules, unless the context otherwise requires,—

(a) 'Act' means the Companies (Temporary Restrictions on Dividends) Act, 1974 (35 of 1974);

(b) 'Warrant' means a warrant or a cheque authorising payment of dividend declared by the company in terms of the provisions of the Act;

(c) 'Form' means the form specified in the Schedule to these rules.

(1667 )

1668 THE GAZETTE OF INDIA EXTRAORDINARY [PART II—

3. Form In which dividend warrant shall be Issued.—Every company to which this Act applies and which dcclurts, out of its profits for ai.y final cial year, divider d. cxceec'irg, in the aggregate, its distributable profits for that financial year, shall, or. ard from the 1st day of March, 1975, issue dividend warrants in resptct of immediate dividend ard deferred dividends in the form specified, in the Schedule to these rules-

Provided that no company shall incur any liabilily for punishment for the issue, before the commencement of these rules, of any dividend warrot t in a form other than the form specified in the Schedule to these rules.

THE SCHEDULE

(See Rule 3) FORM OF THE WARRANT*

[Pursuant to sub-section (9) of section 5A of the Companies (Temporary Restiictiera on

Dividends) Act, 1974] Name of the Company and address of its registered office Dividend Warrant No Station Ledger Folio Date

IMMEDIATE DIVIDEND

~ & coT^ To

(Name and address of the Bank at which payable.)

Pay (name of the shareholder) or order the sum of Rupees only. Signature of the payee Signature of the person authorised by the Ccmpary.

Name of the Company and address of its registered office Dividend Warrant No Ledger Folio

Station Date

DEFERRED DIVIDEND (First Instalment),

Payable on 5-7-76 or within ihree mcMhs thereafter.

& Co.

To

(Name and address of the Bank at which payable,)

Pay (name of the shareholder) or order the sum of Rupees only.

Signature of the payee Signature of the person authorised by the Company.

Name of the Company and address of its registered office Dividend Warrant No Ledger Folio

Station Date

DEFERRED DIVIDEND (Second Instalment) Payable on 5-7-77 or within three months thereafter.

& Co.

To (Name and address of the Bank at which payable.)

Pay (name of the shareholder) or order the sum of Rupees only.

Signature of the payee Signature of the person authorised by the Company.

*The three parts of the Warrant should be printed en the rune FJheet of peper crd r.f pauici by perforations.

[No. F. 18/15/75-CL.XIV]

A. CHOUDHURY, Jt. Secy.

SEC. 3(ii)] THE GAZETTE OF INDIA EXTRAORDINARY 1669 1670 ™E GAZETTE OF INDIA EXTRAORDINARY [PART II— Use. 3(11)] THE GAZETTE OF INDIA EXTRAORDINARY 1671

PRINTED BY THE GENERAL MANAGER, GOVERNMENT OF INDIA PRESS. MINTO ROAD,

NEW DELHI AND PUBLISHED BY THE CONTROLLER OF PUBLICATIONS, DSLHl, 1975

Cite this issue. Extraordinary Gazette of India, Government of India, 15 July 1975. Indian Gazettes, https://egazette.servantsofknowledge.in/details/in.gazette.csl_extraordinary.1975-07-15.E-1249-1975-0255-55195/. Archive identifier in.gazette.csl_extraordinary.1975-07-15.E-1249-1975-0255-55195.