Waiver of Right to Receive Dividend under the Companies Act, 2013

CS Divesh Goyal , Last updated: 29 April 2025 Share Follow on Google News

SHORT SUMMARY Dividend, once declared, constitutes a debt owed by the company to its shareholders and becomes a legally enforceable right in the hands of such shareholders. However, such a right, being of a private and personal nature, is waivable at the discretion of the beneficiary. The Companies

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About the Author

CS Divesh Goyal

Practicing Compnay Secretary

CAREER PROFILE He is a Fellow Member of the Institute of Companies Secretaries of India having intense expertise in Corporate Law for the last 8 years. He is a young and progressive Practicing Company Secretary with zeal to dig deep into the nuances of Corporate Laws. Being a researcher at heart, he has done ... Read more

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Waiver of Right to Receive Dividend under the Companies Act, 2013

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