After Declaration of dividend it should be paid within ........

Companies Act-Phase (I & II) Paymentofdividends

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After Declaration of dividend it should be paid within

14 days

21 days

30 days

45 days

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Explanation:

If dividend has not been paid or claimed within the 30 days from the date of its declaration, the Company is required to transfer the total amount of dividend which remains unpaid or unclaimed, to a special account to be opened by the Company in a scheduled bank to be called “Unpaid Dividend Account”.