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Dividend

Corporate & Other Laws

Dividend (other than interim dividend) is declared by whom? Board or members?

vinay ajith

CA Final

★ 10

09-Jun-20 18:32

382

Answers (1)

There are two kinds of dividends. Final Dividend - Declared at AGM - This is proposed by board and approved by shareholders Interim dividend - Other than Final - Declared by Board. Later ratified by shareholders.

CA Suraj Lakhotia

Admin

09-Jun-20 19:03

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