Easy Office
Easy Office

Dividend

This query is : Resolved 
Profile Image

Profile Image

(Querist)
09 January 2015 Sir , Can dividend paid out of capital profit? and then its consequences also ?.
Profile Image

c.bakshi

Profile Image

c.bakshi (Expert)
10 January 2015 No, Dividend can only be paid from profits or from past profits i.e. accumulated profits. Section 123 of the CO. act, 2013
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
10 January 2015 Consequence

Director's can be punished u/s 447 of the Co's Act,2013.
Upgrade to CAclubindia Pro. Subscribe Now!


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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links