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प्रश्न
Study the following case/situation and express your opinion :
DIAMOND Co. Ltd. is considering to declare Interim Dividend.
- In how many days of the declaration it should transfer the funds to Dividend Account?
- In how many days it must pay it to shareholders?
- In how many days of the declaration it must transfer the funds to the Unpaid Dividend A/c?
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उत्तर
- The funds should be transferred to the Dividend Account within 5 days from the date of declaration of interim dividend.
- The interim dividend must be paid to the shareholders within 30 days from its declaration.
- The unpaid dividend must be transferred to Unpaid Dividend A/c within 37 days from its declaration.
APPEARS IN
संबंधित प्रश्न
Payment of ______ Dividend must be authorised by the Articles of Association.
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 declared between two AGMs.
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 ______.
Answer in one sentence.
What is Interim Dividend?
Select the suitable option for the following.
____________ Interim Dividend.
Answer in one sentence.
At which Meeting Interim Dividend is decided and declared?
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:
ABC Co. Ltd. decides to pay Interim Dividend
- Can it be paid out of free reserves?
- Is the Board right in declaring the same at the Board Meeting?
- Should the company distribute the same within 30 days of its declaration?
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.
