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Dividend paid in excess of proposed dividend

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(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 ?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
21 May 2018 Dividend paid in excess of proposed in AGM is a violation of law.
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Rizina

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



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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
22 May 2018 Inference -- section 134(3)(k) and 102(2).

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