Dividend in futures

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Paras (Querist)
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20 February 2012 Hey guys pls tell me whether a person is entitle to receive dividends declared and paid by the co if d person is holding futures of that company...? Acc to me he is not entitle bcoz no delivery of shares..

CA Sumat Singhal

CA Sumat Singhal (Expert)
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20 February 2012 he is not entitled.
As he is not holding the shares rather entered into transaction based on shares.

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Paras

Paras (Querist)
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21 February 2012 http://220.227.161.86/23422rtpfinanewnov2011_2.pdf

then this is the link to the nov 11 Sfm RTP and in that solution to Ques no 10 on futures icai has incl div income why...?