Declaration of Dividend
This query is : Resolved
Prashant Parekh
(Querist)
11 May 2010
Can any one give me steps to declare a dividend by a listed Company
CA Pramod Jain
(Expert)
11 May 2010
i think dividend can be declared by co's board of directors and provision can be made in BS along with dividend distribution tax, once its done the co needs to get it approved in co's annual general meeting, if its not approved over there then it has to be reversed.
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