Dividend


This query is : Resolved 

(Querist)
01 October 2011 for opening dividend account,section 205 says that it shall be opened in 5 days from the day of declaration. but if the fifth day is a holiday, then can it be done the next day?if yes, then please tell me the provision where its mentioned because the law says that the company shall open the dividend account in 5 days from declaration

CS Bijoy (Expert)
03 October 2011 If its a national holidays it can be consider.


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