dividend
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 August 2010
Can a Private company pay dividend proportionately for number of months (As per New share capital introduced during the year)
if any section permitting such a treatment then pl.quote the section also
if any section permitting such a treatment then pl.quote the section also
30 August 2010
no
30 August 2010
No it is not possible.
Company Act does not allowed payment of dividend for part of a year.
Regards
Company Act does not allowed payment of dividend for part of a year.
Regards
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