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Question paper

Corporate & Other Laws

give provision and analysis for the below question

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Lakki Kamu

Lakki Kamu

CA Final

4K+

02-Oct-21 18:44

528

Answers (1)

Best Answer

No A cannot initiate any action against the company as company dispatched the dividend warrant within 30 days from declaration So as per sec 127 company will not be liable for any punishment irrespective whether shareholder received it on time or not


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