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प्रश्न
Explain the following term/concept.
IEPF
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उत्तर
IEPF stands for ‘Investors Education and Protection Fund’ and is set up by the central government. Any amount in the Unpaid Dividend Account of a company that remains unpaid/ unclaimed for a period of 7 years from the date of such a transfer shall be, transferred by the company to IEPF.
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संबंधित प्रश्न
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.
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.
State whether the following statement is true or false.
All categories of shareholders get a fixed rate dividend.
State whether the following statement is true or false.
IEPF is the fund created by company.
Complete the sentence.
Predecided and a fixed rate of dividend is paid to ______.
Select the suitable option for the following.
Govt. Fund ____________.
Select the suitable option for the following.
Preference Shares ____________.
Correct the underlined word and rewrite the following sentence.
Dividend must be paid within 60 days of its declaration.
Correct the underlined word and rewrite the following sentence.
Preference shareholders get dividends from residual profits.
Arrange in Proper Order:
- Closure of Register of Members.
- Intimate Stock Exchange of Board Meeting.
- Intimate Stock Exchange of declaration of dividend.
Study the following case/situation and express your opinion:
GOLD Co. Ltd. declares a dividend of ₹ 10/- per share for F.Y. 2018-19.
- Is company under default, if the dividend was not paid within 30 days of its declaration?
- Is company right in transferring the unpaid dividend to its Debenture Reserve Account?
- Does the company have to transfer the amount of unpaid dividends to IEPF after 30 days?
Justify the following statement.
Listed Company has to follow additional guidelines on dividend matters.
Dividends can be paid out of capital.
Explain the following term/concept in detail:
Listed Company
