हिंदी

Complete the sentence. Dividend can be declared only on recommendation of______. - Secretarial Practice

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प्रश्न

Complete the sentence.

Dividend can be declared only on recommendation of______.

रिक्त स्थान भरें

उत्तर

Dividend can be declared only on recommendation of Board of Directors

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Legal Provisions on Dividend
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अध्याय 10: Dividend and Interest - Exercises [पृष्ठ १५३]

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बालभारती Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
अध्याय 10 Dividend and Interest
Exercises | Q 1 F) 3. | पृष्ठ १५३

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.

The meeting at which final dividend is approved is ______.


Answer in one sentence.

Who has right to recommend Dividend?


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.


Correct the underlined word and rewrite the following sentence.

Dividend is payable every year irrespective of profits made by company.


Arrange in Proper Order:

  1. Closure of Register of Members.
  2. Intimate Stock Exchange of Board Meeting.
  3. Intimate Stock Exchange of declaration of dividend.

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.


Arrange in Proper Order:

(a) Board Meeting

(b) Shareholder approval

(c) Board's Recommendations


Study the following case/situation and express your opinion:

GOLD Co. Ltd. declares a dividend of ₹ 10/- per share for F.Y. 2019-20.

  1. Is the company under default, if the dividend was not paid within 30 days of its declaration?
  2. Is the company right in transferring the unpaid dividend to its Debenture Reserve Account?
  3. Does the company have to transfer the amount of unpaid dividends to IEPF after 30 days?

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