provisions of section 205A sub-section (1) and sub-section (8) and section 207 become relevant. Section 205A(1) reads as:
"205A(1) Where ... composite reading of section 2 sub-section(30) section 5 and sub- section (8) of section 205A a harmonious conclusion flows out of the same
detection of the offence.
5. Admitting to the same Sub-section (1) of section 205A of the Act reads as follows :
Unpaid dividend ... aforesaid section reveals if a company fails to pay the dividend in the modes provided, penal section has been incorporated in the Section 205A
days as specified under section
the Act. Therefore, the company:_}.'1ad violated 'thedprovisions
of section 205A and punishable
under section 205A[8) trial ... 205A{8} of the Act is the penal section for
contravention of provisions of section 205A{1) of the Act.
A Section 205A(8) states
said
complaint. The complaint was filed of the offence
punishable under Sections 205A(8) of the Companies
Act, 1956, regarding nontransfer of unpaid ... Section 205A(8) reads as under:
"205A(8) If a company fails to comply with any
of the requirements of this section, the
company
financial year is further described under Section 205 of the Act.
7. Section 205A of the Act provides that where a dividend is declared ... which the failure continues.
8. From the language of Sub-section (8) of Section 205A of the Act, it can be seen that the failure
counsel for the petitioner also. The petitioner contended that as per Section 205A Mohammadan Law as stated by Mullah, there is a specific ... respondent's father jointly. Therefore, they were joint Muthavallis. Under Section 205A of Mullah's Mohammadan's Law. Muthavalliship passes by survivorship
Section 58A of the Act, in not depositing the unclaimed dividend in a separate bank account, in contravention of the provisions of Section 205A ... provisions contained in Section 58A of the Act. He has further submitted that as per the provisions contained in Section 205A
Companies (Amendment) Ordinance, 1998 (No.19 of
1998) sub-section (5) of Section 205A of the Companies Act
(hereinafter referred ... amount. In the said
petition, she also challenged the vires of Section 205A of the
Act. This writ petition was dismissed and the challenge
Reliance placed by the Regional Director (NR) on Section
205A(3) appears to be misplaced. The said provision begins with
words "where owing ... present case show that it is not a
case falling under Section 205A(3) . It is not the case of the petitioner
company that
subsequently, one more letter dated
12
13.03.2013 was issued. As per Section 205A of the
Companies Act, 1956 (Old Act ), the dividend has been
declared ... opened and kept in the said
account and as per Section 205A(8) of the Companies Act,
if the company fails to comply with
