Dividend law
This query is : Resolved
02 November 2011
Can anyone tell me pls whether dividend proposed and payed by a PVT LTD Co has to comply all the provisions mentioned in the Companies Act, 1956.
For eg: Transfer to Reverses, etc.
For eg: Transfer to Reverses, etc.
05 November 2011
Dividend once declared it becomes liability and the provision must complied with.
05 November 2011
Ya dats True , but what i am trying to tell is whether this Dividend Provisions is applicable to public co's only or public and pvt co's both...?
07 November 2011
Yes applicable to both, but the recommendation of dividend is the option of the Board.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
