Declaration of final dividend - before closure of accounts

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..... Dear All, Whether a "Private Limited Company" can declare final dividend before the closure/finalisation of accounts related to the period during on which dividend declared? Is it allowed/applicable i .....

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..... n/as per the company's Act 1956 . If not, what are the consequences to be faced by the company as per the law? - Reply By Rama Krishana - The Reply = Section 205 of the companies act 1956 is th .....

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..... e relevant provision - there is no restriction on declaring dividend before finalization of accounts for the current year. Final Dividend needs to be approved by the AGM only. Board can declare interi .....

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..... m dividend, final dividend can be approved and declared by the AGM or EGM only. Adjustment on account of Depreciation and accumulated loss needs to be made first. - Declaration of final dividend - be .....

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..... fore closure of accounts - Query Started By: - Adoni Raghavendra Dated:- 17-9-2009 Corporate Laws / SEBI / LLP - Got 1 Reply - Companies Law - Discussion Forum - Knowledge Sharing, reply post by an .....

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..... expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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