Easy Office
LCI Learning

Can Pay Divident

This query is : Resolved 
Profile Image

Profile Image

(Querist)
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
Profile Image

Anjani Pratap Tiwari

Profile Image

Anjani Pratap Tiwari (Expert)
28 January 2010 NO , Dividend can be paid only on share capital.
Profile Image

CA.Pujah

Profile Image

CA.Pujah (Expert)
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



Profile Image

CA Tilak Raj Sharma

Profile Image

CA Tilak Raj Sharma (Expert)
28 January 2010 Dividend is paid only on the shares.
Profile Image

CA Tilak Raj Sharma

Profile Image

CA Tilak Raj Sharma (Expert)
28 January 2010 Dividend is paid only on the shares.
Profile Image

CA Ravi Sisodia

Profile Image

CA Ravi Sisodia (Expert)
28 January 2010 Agree , Dividend is paid only for shares(Equity + Preference)

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links