Section 4 in The Disposal of Records (in the Offices of the Registrars of Companies) Rules, 2003
4. Destruction of documents.
- Subject to the previous ... section 205A of the Act and all papers, statements, registers and abstracts relating to the amounts deposited in the fund established under section 205C
described in sub-clause (B) of clause (g) of sub-section (1) of section 274, then the directors of that company shall stand disqualified immediately ... required under section 205A of Companies Act, 1956 or paid into Investors Education & Protection Fund as required under section 205C of that Act shall
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 ... date they became due for payment. The explanation to Sub-section (2) of Section 205C clearly provides that no claim shall Be against the Fund
section 205A of the Act and all papers, statements, registers and abstracts relating to the amounts deposited in the fund established under section 205C ... interest accrued thereon to Investor Education and Protection Fund established under section 205C of the Act, whichever is later.
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Registration of debentures in more
described in sub-clause (B) of clause (g) of sub-section (1) of section 274, then the directors of that company shall stand disqualified immediately ... required under section 205A of Companies Act, 1956 or paid into Investors Education & Protection Fund as required under section 205C of that Act shall