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dividend
can cash be paid for dividend under section 123
Replies (3)
There are following Modes of Payment of Dividend: [Section- 123(5)]
a. Cash
b. Cheque
c. Dividend Warrant
d. In any electronic Manner.
a. Cash
b. Cheque
c. Dividend Warrant
d. In any electronic Manner.
No.dividend can be paid by way of cheque or warrants
read section 123 subsection 5 for more clarity..
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