3 Replies
CA Harshali Salvi
(Practicing Chartered Accountant)
(995 Points)
Replied 09 March 2018
There are following Modes of Payment of Dividend: [Section- 123(5)]
a. Cash
b. Cheque
c. Dividend Warrant
d. In any electronic Manner.
a. Cash
b. Cheque
c. Dividend Warrant
d. In any electronic Manner.
madhavan modi
(Student CA IPC / IPCC)
(2 Points)
Replied 09 March 2018
No.dividend can be paid by way of cheque or warrants
CA Harshali Salvi
(Practicing Chartered Accountant)
(995 Points)
Replied 09 March 2018
read section 123 subsection 5 for more clarity..
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