Proposed Dividend
This query is : Resolved
28 January 2011
Whether Proposed dividend can be cancelled?
28 January 2011
Yes proposed dividend can be cancelled but a dividend once declared becomes a liability of the Company and cant be cancelled.
God Bless
CS Udit Sharma
God Bless
CS Udit Sharma
29 January 2011
Proposed dividend, as the name suggests is only a proposal. Until it is approved, it does not become a liability of the Company. Hence they can be cancelled. Only declared dividend cannot be cancelled.
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