Unclaimed Investment Fund with Companies

1. Based on statutory filings Companies reporting unclaimed/unpaid dividends in their Balance Sheets but not reporting the details in the relevant forms have been identified. Records of such Companies are required to be scrutinized and a Show Cause Notice issued before a final list can be prepared.
2. Revised guidelines for rehabilitation of sick units in the MSE sector have been issued by RBI vide their circular RPCD.CO.MSME & NFS.BC.40/06.02.31/2012-13 dated November 1, 2012
3. RBI Issues Guidelines for Opening of Bank Accounts of Children