Dividend paid in excess of proposed dividend


This query is : Resolved 

(Querist)
21 May 2018 What shall be the accounting for dividend paid in excess of that proposed for the last year?

Can it be shown as exceptional item?? or under reserves ?

21 May 2018 Dividend paid in excess of proposed in AGM is a violation of law.

Rizina (Querist)
22 May 2018 SIR, CAN U PL LET US KNOW..UNDER WHICH SECTION?
AND WHAT CAN BE THE ACCOUNTING EFFECT?

22 May 2018 Inference -- section 134(3)(k) and 102(2).


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