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Answer in one sentence.What is meant by payment of dividend electronically? - Secretarial Practice

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Question

Answer in one sentence.
What is meant by payment of dividend electronically?

Short Note

Solution

A company can use an online payment facility to make payments of dividends to their shareholders i.e. electronically through ECS, NEFT, etc. It is known as the payment of dividends electronically.

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Precautions to Be Taken by the Secretary While Corresponding with Members
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Chapter 6: Correspondence with Members - Exercises [Page 103]

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Balbharati Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
Chapter 6 Correspondence with Members
Exercises | Q 1. H) 6. | Page 103

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