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Correct the underlined word and rewrite the following sentence. Preference shareholders are given the last priority in payment of dividend. - Secretarial Practice

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प्रश्न

Correct the underlined word and rewrite the following sentence.

Preference shareholders are given the last priority in payment of dividend.

एक शब्द/वाक्यांश उत्तर

उत्तर

Equity shareholders are given the last priority in payment of dividend.

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Legal Provisions on Dividend
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 10: Dividend and Interest - Exercises [पृष्ठ १५५]

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बालभारती Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
अध्याय 10 Dividend and Interest
Exercises | Q 1 I) 8. | पृष्ठ १५५

संबंधित प्रश्न

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.


Complete the sentence.

Dividend can be declared only on recommendation of______.


Complete the sentence.

Predecided and a fixed rate of dividend is paid to ______.


Answer in one sentence.

Who has right to recommend Dividend?


Select the suitable option for the following.

Equity 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. Recommendation of Dividend
  2. Checking sufficiency of profits
  3. Board Meeting

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.

Explain the following term/concept.

IEPF


Study the following case/situation and express your opinion: 

GOLD Co. Ltd. declares a dividend of ₹ 10/- per share for F.Y. 2018-19.

  1. Is company under default, if the dividend was not paid within 30 days of its declaration?
  2. Is 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?

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.


Arrange in Proper Order:

(a) Board Meeting

(b) Shareholder approval

(c) Board's Recommendations


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