dividend
This query is : Resolved
Bhavin patel
(Querist)
20 December 2016
section 51 of Companies Act 2013 contains that if provided in the articles dividend to be paid on paid up value of the shares . so if there is no such provision in the articles then dividend shall be paid on nominal value of the share. and as per regulation 83 of table f dividend shall be paid on paid up value of shares. so is there any conflict between these two provisions
20 December 2016
AOA cannot prevail over MOA & Companies Act. if AOA is silent about any provisions, Act & said rules will prevail.
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