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Declaration of Dividend

Rajesh (Business) (40 Points)

14 July 2009

I have pvt. ltd company i want to declare dividend in the company so can any body tell me the process of the dividend declaration and can i have to fill any from with concern ROC.

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8 Replies

Malav Shah (Company Secretary and AVP Legal) (171 Points)
Replied 15 July 2009

Mr. Rajesh

You will have to comply with section 205 and Companies Declaration of Dividend Rules. Basically you will have to transfer prescribed %age of profits to reserves before declaring dividend. Incase you are giving final dividend then pass the resolution in annual general meeting. No form is required to be filed with the ROC.

Regards

Malav

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Gargi Ranade (CS) (619 Points)
Replied 15 July 2009

Dear Rajesh Sir,

please find attached document consisting checklist for dividend payment it may give you broad idea about check points for dividend payment ,kindly note that few points may not required to be comply by Private Limited as I am attaching normal checklist

Attached File : 3 note on equity dividend.doc downloaded: 3723 times

RAHUL (Company secretary ) (226 Points)
Replied 15 July 2009

Dear Rajesh

Regarding your query section 205 is apply . pl. check it . If you want full & simple procedure regarding dividend declaration or another query you send me mail on my e.mail. my email id is nitinagarwal113 @ gmail.com

Regard

CS NITIN

Mala khote (-) (29 Points)
Replied 16 March 2011

Hello,
Can anyone tell me what is the procedure to declare dividend in listed company.

CS Mala

Rakesh Jha (-) (25 Points)
Replied 04 June 2011

formula for Dividend Payout

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Rakesh Jha (-) (25 Points)
Replied 04 June 2011

Originally posted by : Rakesh
	formula for Dividend Payout

Rakesh Jha (-) (25 Points)
Replied 04 June 2011

Dear Sir,

I have hadling some Private Limited Companies. i want to know that what is the procedures for Trasnfer of shares from First allottee to other person.

i alloteed shares in first allottee 5000 shares, but same shares allottee other persons.

i am direct transfer above shares or file form 2.

Rakesh Jha

CS Shivi Reddy (COMPANY SECRETARY) (175 Points)
Replied 06 June 2011

Dear Rakesh,

In my opinion, you are not required to file form 2 as u r not allotting shares u r just transferring dem. only an endorsement at the back of the shares will do...

Regards

Shivi