bond, the said amount had been dealt with
in terms of section 205C of the Companies Act.
4. In this background, the present petition ... been preferred.
5. Section 205C of the Companies Act reads as follows:
"205C. Establishment of Investor Education and
Protection Fund.--
(1) The Central Government
unpaid dividend account of a company to
the fund established under Section 205C . The Investor
Education and protection Fund (IEPF) was established under
Section 2005C ... dismissed and the challenge to the
vires in Section 205A and 205C was repelled. The purport and
object behind Section 205C noted as salutary
learned Chief Judicial Magistrate,
Begusarai in connection with Complaint Case No. 205C of 2011,
subject to the conditions as laid down under Section
period of twelve weeks from
today in connection with Complaint Case No. 205C of
2011 on furnishing bail bond of Rs.10,000/-(Ten
Thousand
assessee further elaborated his submission by stating that under provisions of
Sec. 205C of the Companies Act, 1956 every company had to transfer amount
outstanding
