banner_ad

Divident payment isMandatory for Fixed % Redeemable pref. share by Pvt Ltd Co. F Y 2021 2022

Others 321 views 3 replies

Respected Sir/Madam,

Is it Mandatory to pay Dividend every year on Fixed % Redeemable Preferance Share by Private Limited Company which had not paid any dividend to its Equity Shares during F Y 2021-2022

Accourding to Companies Act 2013 with latest Amendment applicable for Financial Year 2021-2022

Thanking You

Rajesh Dagdu

Replies (3)
Depending on the kind of CCRPS/NCRPS if they are cumulative then it's an obligation of the company...that whenever dividend declared past due and current one will be paid first

THANKS FOR REPLY

MY QUESTION IS FOR MANDATORY TO PAY  DURING  FINANCIAL  YEAR 2021-2022 OR NOT MANDATORY IN FINANCIAL YEAR 2021-2022 FORGET ABOUT FUTURE EVENTS 

I replied about past events itself ,if the kind of preference share is cumulative then you are obliged first , mean to say if dividend is not paid in 2020-21 and you are declaring in 21-22 then 20-21 will also be paid..


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details