Dividend declaration by circulation of resolution

can any company pass a board resolution for declation of dividend by circulation?? please help . . .
Replies (3)

Neelam,

is it interim dividend?, Generally, Board recommends Dividend and Shareholders declare same in General Meeting.

I opine that if it is interim dividend, it can be declared by way of circular resolutions since this item is not covered by Sub (3) of Section  179 of CA, 2013, Which stipulates few items should be exercised by means of resolutions passed at meetings of the Board only.

Yes, interim dividend can be declared by the  Board by circular resolution.

 

Thanks,

I have read that section but that section include one point which speaks issues which have public intrest or claim somthing like that...

so dividend will not term as public related issue??

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
30 October 2026
Asst Manager Accounts

Goodwin Pumps India Pvt Ltd

Chengalpattu

CA Inter

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details