07 September 2012
If a shareholder directs a company to credit his dividend to XYZ Bank,and company credits the amount within 30 days.. my query is, should the company send an intimation letter to the shareholder.. is it mandatory?
If the shareholder request to company to credit the dividend in such account then you should credit the same. After credit no need to intimate the same to the shareholder.
CAclubindia
