Can Pay Divident
This query is : Resolved
27 January 2010
A Co. Can pay divident on Sharepremium plz give full explanation relating to Co. Act & any other law relates it.
E-mail Id- mynamemoin@gmail.com
E-mail Id- mynamemoin@gmail.com
Anjani Pratap Tiwari
(Expert)
28 January 2010
NO , Dividend can be paid only on share capital.
28 January 2010
No, Dividend cannot be paid on share premium, because share premium is a Capital reserve not to be distributed to shareholders. Dividend is payable on share capital only
CA Tilak Raj Sharma
(Expert)
28 January 2010
Dividend is paid only on the shares.
CA Tilak Raj Sharma
(Expert)
28 January 2010
Dividend is paid only on the shares.
CA Ravi Sisodia
(Expert)
28 January 2010
Agree , Dividend is paid only for shares(Equity + Preference)
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