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प्रश्न
State whether the following statement is true or false.
IEPF is the fund created by company.
विकल्प
True
False
उत्तर
The statement is false.
APPEARS IN
संबंधित प्रश्न
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.
Complete the sentence.
Dividend can be declared only on recommendation of______.
Complete the sentence.
The meeting at which final dividend is approved is ______.
Answer in one sentence.
Who has right to recommend Dividend?
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 are given the last priority in payment of dividend.
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:
- Recommendation of Dividend
- Checking sufficiency of profits
- Board Meeting
Explain the following term/concept.
IEPF
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.
- Is it justified to pay the dividend firstly to its Preference Shareholders and then after to Equity Shareholders?
- Is the AGM required to approve the same?
- Can the company pay dividend in cash?
Justify the following statement.
Equity shares get last priority in dividend.
Answer the following question.
Discuss legal provisions for declaration of dividend.
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.
- Is the company under default, if the dividend was not paid within 30 days of its declaration?
- Is the company right in transferring the unpaid dividend to its Debenture Reserve Account?
- Does the company have to transfer the amount of unpaid dividends to IEPF after 30 days?
