dividend

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Issue:

Miscellaneous

 

Written by:

Rachel H

 

Date added:

March 17, 2017

 

Level:

College

 

Grade:

A

 

No of pages / words:

1 / 213

 

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7133 times

 

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Essay content:

Pvt. /Ltd. Unpaid Dividend Account.” 12. If the dividend is not paid within 7 years the same may be deposited in “Investor Education & Protection Fund” from which dividend cannot be paid.
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2. Recommended by the Board. 3. Closure of register of members U/s 154 of the Act or fix a record date by giving at least 7 days newspaper advertisements, one in English and one in Local language. 4. Declared by the AGM 5. Once Declared by the AGM it becomes a debt on company 6. Open a separate Bank account & deposit the amount of dividend to the account with 5 days of recommendation of board...
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