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.
Section 51 of Companies Act, 2013 – Payment of Dividend in Proportion to Amount Paid-Up
One response to “Section 51 of Companies Act, 2013 – Payment of Dividend in Proportion to Amount Paid-Up”
Leave a Reply
Subscribe to the Daily Journal
Corporate Law Referencer
India’s Leading Compliance Software
To the corporatelawreporter.com webmaster, You always provide great resources and references.