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Dividend chques

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(Querist)
29 October 2008 A company issue dividend to the employees under ESOP but after that few employees left the job. after that company ccancle the dividend chq. and cont pay any thing to the Employyes who left the job. so what steps we need to take in that sitution.
Regards

Deepak Kohli
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
30 October 2008 How can they cancel the dividend due on shares?
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DEEPAK KOHLI

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DEEPAK KOHLI (Querist)
30 October 2008 But sir if company did not inform that dividend is declared to the person. than what steps will be taken
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
30 October 2008 It is not necessary to inform individually. If a declaration is made it is automatically due to all shareholders. There is no choice.
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DEEPAK KOHLI

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DEEPAK KOHLI (Querist)
30 October 2008 Thanks Sir for your valuable information

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