English

Answer in one sentence. Who has right to recommend Dividend? - Secretarial Practice

Advertisements
Advertisements

Question

Answer in one sentence.

Who has right to recommend Dividend?

One Line Answer
Advertisements

Solution

The Board of Directors have the right to recommend dividend.

shaalaa.com
Legal Provisions on Dividend
  Is there an error in this question or solution?
Chapter 10: Dividend and Interest - Exercises [Page 153]

APPEARS IN

Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 10 Dividend and Interest
Exercises | Q 1 H) 2. | Page 153
SCERT Maharashtra Secretarial Practice [English] 12 Standard HSC
Chapter 10 Dividend and Interest
Answer in one sentence | Q 1

RELATED QUESTIONS

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.


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.

Dividend can be declared only on recommendation of______.


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 is payable every year, irrespective of the profits made by the company.


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.


Explain the following term/concept in detail:
Listed Company


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×