Very very ugrent

520 views 2 replies

if a company want to give a gift to his shareholder can it be given then will that gift will termed as dividend or as gift only..???

i hav this query relating to both private and pubilc company both..??

 

reply as soon..

 

thank you

Replies (2)

As per company law, dividend can be in form of cash or KIND,,bt in this case such gift can be given in personal capacity rather than as a company..

Company can not give gift to shareholder whether its public or private.

 

Thanks

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