Corporate & Other Laws - ( Dividend )

    Posted By : damini / Published on : 16-Oct-2019 11:00 AM / View : 11 / Comment : 0
    Print button
    A private Limited Co. has a paid up capital Rs. 6.50 lacs & accumulated surplus Rs. 11.50 as on 31.03.2018 During the FY 2018-19 company has suffered losses Rs. 3.50 lacs . The Company has declared and PAid Dividend Rs. 8.50 LAcs to shareholders and deposited 1.74 lacs as DDT (Dividend Distribution Tax) in FY 18-19 My querry is whether the company can paid the above dividend and if no what is remedy or consequences .
    Read more on : dividend laws other corporate



    Other Queries from damini
    What's New on

    Unanswered Queries
    Like us on Facebook
    Follow Us on Twitter

    We are always here to help you. Don’t hesitate to contact us anytime!

    011-42345111 or ask@compliancecalendar.in