The restriction that the company law puts on declaration of dividends by companies is that they must be…
In the event of inadequacy or absence of profits in any year, dividend may be declared by a company for…
Any dividend payable in cash may be paid by check or warrant and it shall be deemed to have been…
Can Dividends Be Paid Out of Capital Dividend cannot be paid out of capital, even if the articles…
Dividend has to be distributed within 30 days of the declaration. Posting of dividend warrants within 30 days…
Liability of Directors, Shareholders and Auditors for Improper Dividend The directors are personally liable to account for improper payment of…
In case of absence or inadequacy of profits, dividend can be declared out of the accumulated profits earned by the…
‘Divisible profits’ means the profits that the law allows the company to distribute to the shareholders by way of dividend.…
FINAL DIVIDEND The Board of Directors in its report recommends final dividend to the shareholders, as per the requirements…
THE DEFINITION Dividend is the return on the share capital subscribed for and paid to a company by its shareholders.…