interim dividend
This query is : Resolved
devang doshi
(Querist)
03 June 2010
sir, please solve my problem
when interim dividend is paid & subsequently in NEXT AGM , WHETHER SH. HOLDER CAN DISALLOWED THEM & WHAT CONSEQUENCES IF DIS ALLOWED?
IF SH. HOLDER CAN NOT DISALLOWE, THAN HOW ONE CAN SAY THAT WITHOUT SH. HOLDER 'S PREMISSION DIVIDEND CAN NOT BE DECLARED ?
when interim dividend is paid & subsequently in NEXT AGM , WHETHER SH. HOLDER CAN DISALLOWED THEM & WHAT CONSEQUENCES IF DIS ALLOWED?
IF SH. HOLDER CAN NOT DISALLOWE, THAN HOW ONE CAN SAY THAT WITHOUT SH. HOLDER 'S PREMISSION DIVIDEND CAN NOT BE DECLARED ?
Ankur Garg
(Expert)
04 June 2010
Dear friend,
Shareholders approval is not required to declare interim dividend. Declaration of interim dividend is entirely a decision of board.
Final dividend is recommend by board and approved by shareholders in the AGM.
Regards
Shareholders approval is not required to declare interim dividend. Declaration of interim dividend is entirely a decision of board.
Final dividend is recommend by board and approved by shareholders in the AGM.
Regards
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- GST input credit on commercial property
- Import Order Cancelled.
- GSTR-9C filing
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- Royalty payments to the Mining Department for procurement of murum - GST input
- Section 269ST applicability for capital introduced by partner to his partnership firm
- Form 144 TDS Return Validation Error – Mandatory Fields
- Intimation under section 245
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
