indian company issuing Dividend
Anuj pande (cs) (27 Points)
26 April 2016
can a Indian company can issue dividend in foreign currency? pls tell the section too
Anuj pande (cs) (27 Points)
26 April 2016
CS Arjun Rajagopal
(B.com, ACS)
(1056 Points)
Replied 26 April 2016
As per Companies Act, 2013 there is no restriction. However Iam not sure about whether this can be done under FEMA? Please wait for learned members views.
Regards,
Arjun Rajagopal
"Live Course on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
