Companies law Dividend
This query is : Open
09 May 2025
General Rule (under Company Law):
Once a dividend is declared at the Annual General Meeting (AGM), based on the recommendation of the Board of Directors, it becomes a debt payable by the company to its shareholders
But what happens if the company suffers an unexpected loss, such as a fire destroying its office? Can the dividend still be revoked in that case
Once a dividend is declared at the Annual General Meeting (AGM), based on the recommendation of the Board of Directors, it becomes a debt payable by the company to its shareholders
But what happens if the company suffers an unexpected loss, such as a fire destroying its office? Can the dividend still be revoked in that case
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Registry of flat in 3 names
- Taxability with reference to DTAA
- TDS on Bank charges to company
- TDS on payment of Event fees to foreign Party
- Residential Status of Assessee
- Capital Gain on sale of Listed Equity Shares
- Forms to be file after INC 20A
- TDS Rent 94I
- STCG on equity shares/ETF-sundeep
- Writing on the bill while release payment
- Capital gain on share swap
- Regarding TDS return 27Q (NRI Property TDS)
- TDS- Inter head transfers
- Companies law Dividend
- Clarification on GST Credit Note Rejection and Return Adjustment
- Fourth Qtr 24Q return Rejected by Traces
- FORM-RED-11
- Companies law Appointment of CS
- Due date of ESI,EPF and MSME
- Logistics business Services Refund can we Received 100%
Trending Online Classes
CAclubindia
