Section 11: Payment of undisbursed dividend

The S.k.v.a. Co-Operative Pharmacy and Stores (Acquisition and Transfer of Undertaking) Act, 1976State Act of Kerala · Act 29 of 1976

The District Collector, Trichur, shall pay to every shareholder of the Society any amount due to him as dividend immediately before the appointed day, within a period of three months from that day:

Provided that if such amount is not paid within the period aforesaid, the District Collector shall pay interest on the amount at the rate of four per cent per annum from the date of expiry of the said period.

Where this provision sits

Act	The S.k.v.a. Co-Operative Pharmacy and Stores (Acquisition and Transfer of Undertaking) Act, 1976
Section	11
Marginal note	Payment of undisbursed dividend
Jurisdiction	State of Kerala
Status	In force as published by the source

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