sec 2(22)(b)
This query is : Resolved
05 July 2011
DIVIDEND INCLUDES
1. any distribution to its SHAREHOLDERS by a company of debenture , debenture stock or deposit cerrtificates in any form whether with or without interset and..
SIR ,
i want to ask whether shareholder includes both preference and equity shareholders ?
1. any distribution to its SHAREHOLDERS by a company of debenture , debenture stock or deposit cerrtificates in any form whether with or without interset and..
SIR ,
i want to ask whether shareholder includes both preference and equity shareholders ?
05 July 2011
No. As the preference share holders cannot vote or participate in any annual general meeting. They are only concerned with their preferential dividend.
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