Dividend to director
This query is : Resolved
17 July 2013
Hi ,
I am a director and pramoter in a pvt ltd co. can i get dividend ?
If yes than what is the formalities to be done ?
What is the limitation for Dividend ?
I am a director and pramoter in a pvt ltd co. can i get dividend ?
If yes than what is the formalities to be done ?
What is the limitation for Dividend ?
17 July 2013
Hi
It will depend on the number of shares and percentage hold by you.
For example, if you are holding 10000 equity shares of Rs. 10/- each, i.e 10% of paid up capital and the company issued Rs. 2/- per share dividend, then you will be eligible to maximum Rs. 20000/- (Rs 2* 10000).
It will depend on the number of shares and percentage hold by you.
For example, if you are holding 10000 equity shares of Rs. 10/- each, i.e 10% of paid up capital and the company issued Rs. 2/- per share dividend, then you will be eligible to maximum Rs. 20000/- (Rs 2* 10000).
17 July 2013
Agreed with Ajay sir...
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