HOW A PRIVATE LIMITED CO. DECLARES DIVIDENDS FROM THEIR RESERVE. CAN DIVIDENT AMOUNT TRASFERABLE IN UNSECURED LOAN.
Menu
DIVIDENT
Replies (1)
Private company is governed by their article so if there is anything mention in their AOA that can be followe by the company.
Divident can not be transfered to unsecured loan, once dividen decleared it becomes debt and member can file suit against company to receive dividen.
Recent Topic
- Due date of ITR for Option Trader
- Cancelled invoice entry
- Debt Mutual Fund Tax in New Regime
- Amount distributed by a Co-op. Hsg Society to its
- Delayed reported invoice in GSTR1
- Kusumgar IPO Listing Date: Shares Debut on BSE, NS
- When is Diwali in 2026? Date, Muhurat Timing and D
- Amount received by son from PPF closure proceeds o
- Clarification on Nature of Payment Code for NRI Pr
- Fee received as Independent Director
Related Topics
CAclubindia
