Advertisements
Advertisements
प्रश्न
Justify the following statement.
AGM is crucial for Final Dividend.
उत्तर
- The final dividend is declared and paid after the close of the financial year.
- It is decided and recommended by the Board of Directors.
- Dividend as recommended by the Board of Directors is approved and declared by a resolution passed at the Annual General Meeting (AGM).
- The final dividend is declared by the shareholders in the AGM.
- Thus, AGM is crucial for the Final Dividend.
APPEARS IN
संबंधित प्रश्न
Distinguish between the following:
Interim dividend and Final dividend.
Interim Dividend is declared by ______________.
Payment of __________ Dividend must be authorized 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.
Who declares Interim Dividend?
Select the suitable option for the following.
____________ Interim Dividend.
Answer in one sentence.
At which Meeting Interim Dividend is decided and declared?
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?
- Can the company distribute the same within 30 days of its declaration?
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?
Explain Interim Dividend.
