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 Topics :
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
- GIFT REGARDING
- TDS on salary to non resident managing director
- Ewaybill and Transport documents (Lorry receipt)
- LTCG on sale of Builder Buyer Agreement
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
- TDS processed with short deduction default
Related Topics :
CAclubindia
