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Home Acts & Rules Bill Bills COMPANIES BILL, 2011 Chapters List Chapter IV SHARE CAPITAL AND DEBENTURES This

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Clause 51 - Payment of dividend in proportion to amount paid-up. - COMPANIES BILL, 2011

COMPANIES BILL, 2011

Chapter IV

SHARE CAPITAL AND DEBENTURES

Contents

Payment of dividend in proportion to amount paid-up.

051. 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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