Preference Shares and Dividend

    Posted By : damini / Published on : 25-Feb-2020 07:43 AM / View : 107 / Comment : 0
    Print button
    1. Can there be reversal of entry of "Provision of dividend" shown in the B/s for the purpose of payment of dividend to Preference Shareholders (if got approval from the shareholders to not pay the same ) so that the same can be added to retained earnings and utilized for the purpose of redemption of Preference shares ?

    2. Can preference shareholders be redeemed on face value less than of issue ? The terms of issue doesn't contain anything about face value and the Companies Act doesn't have a provision on it.

    The Company is a Private limited Company and the preference shareholders are promoters of the Company.
    Read more on : dividend shares preference

    Other Queries from damini

    Unanswered Queries
    Latest 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