Dear Members,
One pvt. company wishes to declare dividend and in this company only two shareholders
one(Body corporate) holds 99.99% and
second one (individual) holds .01 %
Now the company wishes to pay dividends only to body corporate(Majority holders) and not to minor shareholders.
Whether is it allowed or not?
Any other alternative to do this transaction by way of taking NOC from minor shareholders
Pls consider this with the provisions of the Companies Act, 2013
Dear Members,
Can anyone share the procedure, what steps is to be taken post shares and dividend is transferred to IEPF Account.
Dear Members,
Can anyone please share a complete checklist for transfer of unpaid/unclaimed dividend and transfer of Shares to IEPF.
transfer
iepf
shares
dividend
unpaidunclaimed
Hi Professionals,
My query is:
Can a Company transfer the dividend on the same day of declaration without opening a separate bank account?
Hi Professionals,
My query is:
Can a Company transfer the dividend on the same day of declaration without opening a separate bank account?
Dear all,
Incase of conversion of convertible cumulative Preference Shares to equity shares of the company ,what is the treatment for *dividend* not paid due to company being in loss since inception?
Please advise.
conversion
time
dividends
Dear Members,
A company is expected to make profit at March 31, 2021, can the said company declare the whole amount of its expected profit as final dividend at its next AGM? Please advise. Thanks
Dear Members,
Please advice..
Can shareholders disapprove the dividend at AGM?
If they disapprove, what will be the next step?
Dear Members,
Please let me know whether Secretarial Standard on Dividend (SS 3) is notified??
dividend
Dear Members,
The Annual General Meeting for the Private Limited company was held in the month of June 2020. Now, the company wants to declare Interim Dividend to its shareholders.
My doubt is can the company declare Interim Dividend after its AGM??
Dear Members,
The Annual General Meeting for the Private Limited company was held in the month of June 2020. Now, the company wants to declare Interim Dividend to its shareholders.
My doubt is can the company declare Interim Dividend after its AGM??
A company with a share capital of Rs.1 lakhs is having a reserve of Rs.10 Lakhs as on 31.3.2018. For the financial year ended 31.03.2019, the company has incurred a loss of Rs.50,000/-. The company does not have any activity during the year and would like to close the business. Before closing the business, the company has to disburse the sum of Rs.10 lakhs as dividend. Is there any restriction regarding the declaration and payment of dividend? This is the first year of dividend declaration.
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