Rule 13. Notice of dividend.―

(1) The notice of dividend as per clause (a) of sub-section (1) of section 176 shall contain the following particulars: ―

• (a) the date on which the dividend is proposed to be distributed;
• (b) the list of creditors who shall be entitled to a dividend;
• (c) the amount of dividend for each creditor under clause (b);
• (d) request for any details required from the creditors for the distribution of dividend, and the last date for receipt of such information;
• (e) the last date by which the creditors must establish their claim against the estate with the bankruptcy trustee; and
• (f) a statement confirming that no further dividends shall be declared.

(2) The notice under clause (b) of sub-section (1) of section 176 shall provide the reasons for not declaring dividend.

(3) The notice of dividend under sub-section (1) section 176 shall be sent thirty days prior to the date specified for the distribution of dividend.