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प्रश्न
Payment of ______ Dividend must be authorised by the Articles of Association.
पर्याय
Interim
Final
Bonus
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उत्तर
Payment of interim Dividend must be authorised by the Articles of Association.
Explanation:
Interim dividend is declared by the Board of Directors between two annual general meetings, and its payment must be authorised by the company's Articles of Association.
APPEARS IN
संबंधित प्रश्न
Distinguish between the following:
Interim dividend and Final dividend.
Interim Dividend is declared by ______________.
Write a word or a term or a phrase which can substitute the following statement.
The company which has to intimate stock exchange about declaration of dividend.
Write a word or a term or a phrase which can substitute the following statement.
Dividend decided and declared by the Board.
Complete the sentence.
Interim dividend is decided and declared by ______.
Complete the sentence.
Payment of Interim Dividend needs to be authorized by ______.
Correct the underlined word and rewrite the following sentence.
Final Dividend is paid between two AGMs.
Arrange in Proper Order:
- Payment of Interim Dividend
- Board meeting deciding and declaring Interim Dividend.
- Authorization of Articles of Association.
Study the following case/situation and express your opinion :
RAJ Company limited decides to pay Interim Dividend
- Is the Board justified to decide Interim Dividend of ₹ 5/per share even though profits till date are insufficient?
- Can the Board declare it out of Free Reserves?
- Can the Board declare it out of Capital?
Justify the following statement.
AGM is crucial for Final Dividend.
Justify the following statement.
Approval of members is not needed for Interim Dividend.
Explain Interim Dividend.
Diamond Company Limited is considering to declare Interim Divided:
- In how many days of declaration it should transfer the funds to Dividend Account?
- In how many days it must pay it to Shareholders?
- Can the Board of Directors declare Interim Dividend out of capital?
