Dividend

This query is : Resolved

Share Report Follow Query Ask a Query

shevya

shevya (Querist)
Follow

04 April 2016 what is the process of dividend distribution for private companies

Pratik Shah

Pratik Shah (Expert)
Follow

06 April 2016 In case if you want to declare dividend any day other than AGM, then a Board can approve declaration of dividend.

As per Companies Act, 2013, amount of dividend shall be transferred to separate bank account within 5 days from the date of declaration. Such amount shall be paid to eligible shareholders within 30 days from the date of declaration. You are not required to file any form with ROC for this.

Let me know in case of any queries.

Message likes : 1 times

shevya

shevya (Querist)
Follow

11 April 2016 what is interim dividend?? And there is any limit for declaretion of dividend under private companies?

Pratik Shah

Pratik Shah (Expert)
Follow

12 April 2016 Dividend means a amount of dividend which a company wants to declare at any time between two AGMs. Please refer Section 123 for further details on the matter.

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

SUMAN SAHA

rajeev koolwal

Frank

Vishal Dave

DEEPAK BHARGAVA

Subscribe Now

Dividend

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Manager- Finance and Compliance

GST CONSULTANCY

Accountant

Senior Executive

GST CONSULTANT

CA Final