dividend
This query is : Resolved
20 December 2016
section 51 of Companies Act 2013 contains that if provided in the articles dividend to be paid on paid up value of the shares . so if there is no such provision in the articles then dividend shall be paid on nominal value of the share. and as per regulation 83 of table f dividend shall be paid on paid up value of shares. so is there any conflict between these two provisions
20 December 2016
AOA cannot prevail over MOA & Companies Act. if AOA is silent about any provisions, Act & said rules will prevail.
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