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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

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______.

रिकाम्या जागा भरा

उत्तर

Dividend can be declared only on recommendation of Board of Directors

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

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

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.


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.


Answer in one sentence.

Who has right to recommend Dividend?


Select the suitable option for the following.

Govt. Fund ____________.


Correct the underlined word and rewrite the following sentence.

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


Arrange in Proper Order:

  1. Recommendation of Dividend
  2. Checking sufficiency of profits
  3. 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.

  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?

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.


Answer the following question.

Discuss legal provisions for declaration of dividend.


Dividends can be paid out of capital.


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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