Section 51 of Companies Act, 2013 – Payment of Dividend in Proportion to Amount Paid-Up

  • Updated Till : September 18, 2017

SECTION 51. PAYMENT OF DIVIDEND IN PROPORTION TO AMOUNT PAID-UP

[Effective from 12th September, 2013]

A company may, if so authorised by its articles, pay dividends in proportion to the amount paid-up on each share.

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