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Question
State whether the following statement is true or false.
Dividend cannot be paid out of capital.
Options
True
False
Solution
Dividend cannot be paid out of capital- true.
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
IEPF is created by ______________ where unpaid dividend is transferred by company.
Complete the sentence.
Dividend must be paid in______.
Select the suitable option for the following.
____________ Dividend declared but not paid/claimed
Answer in one sentence.
State the time within which Unpaid Dividend be transferred to unpaid dividend Account?
Correct the underlined word and rewrite the following sentence.
Dividend is paid to creditors.
Arrange in Proper Order:
- Transfer to Dividend Account
- Transfer to IEPF
- Transfer to Unpaid Dividend Account
Arrange in Proper Order:
- Decision on Rate of Dividend
- Transfer to IEPF
- Payment of Dividend.
Explain the following term/concept.
Unpaid Dividend
Explain the following term/concept.
Unpaid Dividend Account
Justify the following statement.
Dividend is paid out of profits of the company.
Justify the following statement.
Unpaid dividend cannot be used by the company.
Answer in brief.
Discuss the rules governing unpaid and unclaimed dividend.
Justify the following statement:
Unpaid dividends cannot be used by the company.
Unpaid/unclaimed dividends shall be transferred to Investor Education and Protection fund on expiry of ______ years.
