17 May 2016
Yes, a private limited company can pay dividend to its shareholders.
1. By way of interim dividend during any time of the financial year by passing a Board Resolution.
2. The board will recommend the final dividend, in AGM shareholders will approve and the dividend will be paid accordingly.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
17 May 2016
Sir plz clarify my doubt...1) weather pvt. Company can pay only interim dividend To its share holders...2) will company has To pay DDT...3) law suggest the interim Dividend is to be paid from free reserve Plz let me know what is this free reserve,