Dividend

LLP 763 views 1 replies

Dear All

Pl let me know if  in AGM sharholders can decline/ forgo the dividend which is declared by the Board of Directors and the co can reverse the provision made for proposed dividend.

Also provide the relevant provisions in support of your answer.

regards

Vishal

 

Replies (1)

Ultimate power to declare dividend is with shareholders at the AGM. Yes they can refuse the recommendation of board of directors to declare dividend at the AGM.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register