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Proposed Dividend

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(Querist)
28 January 2011 Whether Proposed dividend can be cancelled?
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udit sharma

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udit sharma (Expert)
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
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Jayashree S Iyer

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Jayashree S Iyer (Expert)
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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