Transfer of declared dividend amount

Hi Sir

After AGM

The declared dividend amount by a company needs to be deposited in a separate current account with scheduled bank. If, anys holiday comes in between is those day/s will also be counted within 5 days period or not? please help me.

 thanks in advance

sampath

Replies (1)

As far as I think, 5 days means 5 working days and excludes any holiday.

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