Dividend payment otherthan a member
This query is : Resolved
C.A Alok Mukherjee
(Querist)
03 August 2012
Dear all,
Let us take a case. In a limited company x is a shareholder. Can x direct the company to pay dividend to y? Can the company legally make this payment?
Let us take a case. In a limited company x is a shareholder. Can x direct the company to pay dividend to y? Can the company legally make this payment?
CA. B.SRINIVASULU
(Expert)
03 August 2012
In case x and Y are joint holders then x can request the company to pay to y. otherwise it is not allowed.
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