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Interim Dividend

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(Querist)
09 March 2017 what are the consequences in case members of a company didn't approved the interim dividend payment? whether is this situation is possible in the normal circumstances?
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Ravi Kiran Vustela

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Ravi Kiran Vustela (Expert)
09 March 2017 Board has power to declare interim dividend.... section 123.... however in practical members accept the same.. in AGM

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