KAUSHIK TRIVEDI (Assistant Company Secretary ) (23 Points)
09 September 2021
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(3293 Points)
Replied 09 September 2021
No it is not compulsory to pay any dividend to Preference shareholders in case, there is Profit but company does not want to pay any dividend. But if company wishes to pay dividend to Equity shareholders it can do so only after paying dividend to Preference shareholders. ... Equity shareholders are owners of the Company.
Rajesh P. Dagdu
(Associate with Chartered Accountant)
(57 Points)
Replied 23 July 2022
RESPECTED SIR,
IN CASE OF FIXED % PREFERENCE SAHRE THEN CAN IT BECOME MANDATORY TO PAY DIVIDEND AT PRE DETERMINED DIVIDEND RATE FOR THE FINANCIAL YEAR 2021 2022 FOR PRIVATE LIMITED COMPANY
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 02 August 2022
This query has already been replied above.
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