ICICI

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Interim dividend pvt co

neha (CS) (244 Points)

03 March 2021  

Can a private limited company pay an interim dividend to equity shareholders without paying into preference shareholders of the co.

Also the private co. is mandatorily required to open a separate bank account with the bank.

 


 2 Replies

Sourav (Student) (23897 Points)
Replied 03 March 2021

Yes separate bank account should be required to open.
Yes interim dividend can be paid

Chirag (Professional) (1166 Points)
Replied 07 March 2021

No, I'm not agree, If Company is declaring interim dividend only to equity holders than it has to take approval of preference holder in separate meeting, except when such shares are with DVR, because as per vary nature, Preference shareholders have, preferential right over equity holders on dividend....

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Related Threads


Loading



Subscribe to the latest topics :
Search Forum:

Trending Tags