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Declaration of Dividend MCQ

Sir please look at the attachments...for the preference dividend it can be either fixed or it can be cummulative....an the other question in the bare act it is nowhere said AOA must authorize issue of interim dividend....so can i know that.... it is just for a clarification because if i have left i will get more clarity right

Attachments

51b18efd-a7c1-4946-b336-49de67bc16ee.jpg

Screenshot_20200327-002709_1FIN by IndigoLearn.jpg

Screenshot_20200327-001424_1FIN by IndigoLearn.jpg


Venkatesh Rathinam

Venkatesh Rathinam

CA Inter

13K+

27-Mar-20 00:34

56

Answers (4)

For preference dividend it can be either fixed or cumulative. You are right. Generally articles provide for Interim Dividend though it is not mandatory. Still I will cross check with faculty.


Suraj Lakhotia

Suraj Lakhotia

Admin

30-Mar-20 21:54

The model Articles of Association prescribes that the condition related to payment of interim dividend be included in AOA.


Suraj Lakhotia

Suraj Lakhotia

Admin

01-Apr-20 09:45

Ok sir


Venkatesh Rathinam

Venkatesh Rathinam

CA Inter

13K+

01-Apr-20 10:00