In a company with Share capital, Share holder get Dividend and other benefits but what the Members get, if they do not have any shares?
1 Replies
Jayashree S Iyer
(Company Secretary)
(3224 Points)
Replied 10 December 2010
As per Section 206 dividend shall be paid to the registered shareholders.
Registered shareholder means a shareholder whose name is entered in the register of members. So the shareholders whose name appear in the register of members get the dividend.
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