Preference shares
This query is : Resolved
Guest
Guest
(Querist)
16 December 2010
hii to all,
can a dividend declared be waived off on preference shares???
can a dividend declared be waived off on preference shares???
16 December 2010
Yes,For eg. In Case of Liquidation of Company/ Capital Restructure.
Guest
Guest
(Querist)
16 December 2010
other that that?
16 December 2010
As far i think dividend declare once cant't be waived coz once dividend declare become the liability for the company and it need to paid off ,
As Mr Ayush mentioned that it can be in the case of liquidation and reconstruction but that is not dividend in the real since it is final payment that a shareholder will get in the case of closer of the company .
Thanks
As far i think dividend declare once cant't be waived coz once dividend declare become the liability for the company and it need to paid off ,
As Mr Ayush mentioned that it can be in the case of liquidation and reconstruction but that is not dividend in the real since it is final payment that a shareholder will get in the case of closer of the company .
Thanks
16 December 2010
Yes, if Company During its Life Time Can't Waive Off Dividend Declared Once.
Only at Time of Winding Up or Restructuring of Company
Only at Time of Winding Up or Restructuring of Company
16 December 2010
Agree with the above replies...can not be waived...
17 December 2010
Hi...
Agreed with the experts...dividend once declared becomes debt of the company and its payment cantbe waived...
God Bless
Udit Sharma
Agreed with the experts...dividend once declared becomes debt of the company and its payment cantbe waived...
God Bless
Udit Sharma
Guest
Guest
(Querist)
17 December 2010
CAN WE REDUCE THE % OF DIVIDEND?
18 December 2010
The shareholders have the right to reduce the % of dividend recommended by the board at the GM. However if the dividend is approved in the GM and declared then it cannot be reduced for the same reason that once the dividend is declared it becomes a debt of the company.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
