Dividend payment by LTD Unlisted Company

This query is : Resolved 

19 January 2022 Dear Sir,

We are a Limited company which unlisted.

And can we paid dividend to our shareholders ?
if yes what is producers ?

Pls guide us

19 January 2022 Yes.
Step 1: The company in a Board Meeting decides on the amount of dividend that would be declared and paid. Step 2: Company issues notice of general meeting with intent to declare dividends. Step 3: General meeting is conducted and the resolution for declaring dividend is passed along with record date.



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