seven years have expired from their due dates. By virtue of Section 205C of the Companies Act, 1956, the Company has to transfer such amounts ... inconsistent. Consequently, the provisions of Section 45QA of the Act overrides Section 205C of the Companies Act and the Company will deposit the unclaimed deposit
maturity amount to the Investor Education and Protection Fund, constituted under Section 205C of the Companies Act, 1956. Hence the present application.
2. According ... terms and conditions prescribed by the Company. By virtue of Section 205C(2)(c) , the Investor Education and Protection Fund was established with effect from
debentures to the Investor Education and Protection Fund as specified by Section 205C of the Act vide Challan No. 317/2002-2003 dated 12.9.2002. However ... amount from the Investor Education and Protection Fund. By virtue of Section 205C(2) of the Act, the Investor Education and Protection Fund was established
terms of such deposits.
The Company shall, for the purpose of Section 205C , go by the Scheme sanctioned on 31.03.1999, to determine the due dates
