deposit of dividend amount
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 November 2010
Sirs,
Can anybody tell me within how many days interim dividend amount which is declared to be deposited in the seperate bank account.I am confused whether it is within 5 working days or within 5 days to be deposited.
Can anybody tell me within how many days interim dividend amount which is declared to be deposited in the seperate bank account.I am confused whether it is within 5 working days or within 5 days to be deposited.
udit sharma
(Expert)
20 November 2010
Hi...
As per section 205(1A)of the Companies Act, 1956 the amount of dividend declared has to be deposited within 5 days from the date of declaration in a seperate bank account.
Hope this solves your query:-)
God Bless
Udit
As per section 205(1A)of the Companies Act, 1956 the amount of dividend declared has to be deposited within 5 days from the date of declaration in a seperate bank account.
Hope this solves your query:-)
God Bless
Udit
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