हिंदी

Complete the sentence. Dividend can be declared only on recommendation of______. - Secretarial Practice

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प्रश्न

Complete the sentence.

Dividend can be declared only on recommendation of______.

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उत्तर

Dividend can be declared only on recommendation of Board of Directors

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Legal Provisions on Dividend
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अध्याय 10: Dividend and Interest - Exercises [पृष्ठ १५३]

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बालभारती Secretarial Practice [English] Standard 12 Maharashtra State Board
अध्याय 10 Dividend and Interest
Exercises | Q 1 F) 3. | पृष्ठ १५३

संबंधित प्रश्न

Write a word or a term or a phrase which can substitute the following statement.

Request by shareholder in prescribed form for payment of dividend into shareholders bank amount.


Write a word or a term or a phrase which can substitute the following statement.

Number of days within which payment of dividend be completed by company, after its declaration.


State whether the following statement is true or false.

Dividend is paid to registered shareholders of the company.


Dividend once declared cannot be revoked.


State whether the following statement is true or false.

Shareholders decide about the rate and amount of profit to be given as dividend.


Complete the sentence.

The meeting at which final dividend is approved is ______.


Complete the sentence.

Predecided and a fixed rate of dividend is paid to ______.


Select the suitable option for the following.

Preference Shares ____________.


Correct the underlined word and rewrite the following sentence.

Preference shareholders are given the last priority in payment of dividend.


Correct the underlined word and rewrite the following sentence.

Preference shareholders get dividends from residual profits.


Explain the following term/concept.

IEPF


Study the following case/situation and express your opinion :

The Board of Directors of STAR Co. Ltd. which is a listed company recommends a dividend of ₹ 15/- per share to be paid in cash.

  1. Is it justified to pay the dividend firstly to its Preference Shareholders and then after to Equity Shareholders?
  2. Is the AGM required to approve the same?
  3. Can the company pay dividend in cash?

Justify the following statement.

Listed Company has to follow additional guidelines on dividend matters.


Justify the following statement.

Equity shares get last priority in dividend.


Answer the following question.

Discuss legal provisions for declaration of dividend.


Dividends can be paid out of capital.


Arrange in Proper Order:

(a) Board Meeting

(b) Shareholder approval

(c) Board's Recommendations


Study the following case/situation and express your opinion:

GOLD Co. Ltd. declares a dividend of ₹ 10/- per share for F.Y. 2019-20.

  1. Is the company under default, if the dividend was not paid within 30 days of its declaration?
  2. Is the company right in transferring the unpaid dividend to its Debenture Reserve Account?
  3. Does the company have to transfer the amount of unpaid dividends to IEPF after 30 days?

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