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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.

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Question

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.

One Word/Term Answer
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Solution

Listed Company

shaalaa.com
Interim Dividend
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Chapter 10: Dividend and Interest - Exercises [Page 152]

APPEARS IN

Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 10 Dividend and Interest
Exercises | Q 1 C) 3. | Page 152

RELATED QUESTIONS

Distinguish between the following:

Interim dividend and Final dividend.


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

Dividend declared between two AGMs.


Complete the sentence.

Interim dividend is decided and declared by ______.


Answer in one sentence.

What is Interim Dividend?


Answer in one sentence.

Who declares Interim Dividend?


Correct the underlined word and rewrite the following sentence.

Final Dividend is paid between two AGMs.


Explain the following term/concept.

Interim Dividend


Study the following case/situation and express your opinion:

ABC Co. Ltd. decides to pay Interim Dividend

  1. Can it be paid out of free reserves?
  2. Is the Board right in declaring the same at the Board Meeting?
  3. Should the company distribute the same within 30 days of its declaration?

Study the following case/situation and express your opinion :

RAJ Company limited decides to pay Interim Dividend

  1. Is the Board justified to decide Interim Dividend of ₹ 5/per share even though profits till date are insufficient?
  2. Can the Board declare it out of Free Reserves?
  3. Can the Board declare it out of Capital?

Justify the following statement.

Interim dividend cannot be paid out of free reserves.


Justify the following statement.

AGM is crucial for Final Dividend.


Explain Interim Dividend.


Diamond Company Limited is considering to declare Interim Divided:

  1. In how many days of declaration it should transfer the funds to Dividend Account?
  2. In how many days it must pay it to Shareholders?
  3. Can the Board of Directors declare Interim Dividend out of capital?

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