Multiple Choice Questions on In how many days from the date of declaration of interim dividend it shallbe deposited in a se........... for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

In how many days from the date of declaration of interim dividend it shallbe deposited in a se...........

Companies Act-Phase (I & II) Paymentofdividends
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     In how many days from the date of declaration of interim dividend, it shallbe deposited in a separate bank account

    5 days

    Correct Answer

    7 days

    Incorrect Answer

    15 days

    Incorrect Answer

    21 days

    Incorrect Answer
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    Explanation:

    The amount of the dividend, including interim dividend, shall be deposited in a scheduled bank in a separate account within five days from the date of declaration of such dividend.

    By: Srishti Gupta
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