Dividend
Parul Gunecha (Student) (75 Points)
20 June 2015Parul Gunecha (Student) (75 Points)
20 June 2015
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(176 Points)
Replied 21 June 2015
Dear Parul,
If authorised by articles then as per Section 51 of Companies Act 2013, the Company has the option to pay dividend on the paid up value of the shares. Otherwise Company has to pay dividend only on the face value.
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