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Company law

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10 March 2016 what if the nominal value of equity share of private company is Rs. 100 each and company desires to pay the dividend of Rs. 500 on each share??? is it so possible as per companies act 2013???
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
10 March 2016 Companies act doesnt gives any restriction as asked by you.
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Akhilesh Mishra

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Akhilesh Mishra (Querist)
10 March 2016 you mean co. can pay any amount as per its discretion???
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