Section 325, The Companies Act, 2009

(1) Where dividends are returned to the companyunclaimed, the company shall send a list of the names of the persons entitled with the notice of the next annual general meeting to the (2) After the expiration of 3 months of the notice mentioned in subsection (1), the company may invest the unclaimed dividend for its own benefit in an investment outside the company and no interest shall accrue on the dividends against the company. 246 247 Certificates to be sent by private with annual returns. Declaration of dividend and payment of interim dividend. Distributable profits. Restriction on declaration and payment of dividends. Unclaimed dividends. (3) Where dividends have been sent to members and there is an omission to send to some other members due to the fault of the company, the dividends shall earn interest at the current bank rate from three months after the date on which they ought to have been posted. (4) For the purpose of liability, the date of posting the dividend warrant shall be deemed to be the date of payment and proof of whether it has been sent is a question of fact.