Multiple Choice Questions on Statement 1 The Declaration of dividend at an annual general meeting is an item of Ordinary Business........... for SEBI Grade A ( Officer) Exam Preparation

Back to Main Page

Multiple Choice Questions

Statement 1 The Declaration of dividend at an annual general meeting is an item of Ordinary Business...........

Companies Act-Phase (I & II) Paymentofdividends
    Download Solution PDF

    Statement (1): The Declaration of dividend at an annual general meeting is an item of Ordinary Business.

    Statement (2): A Company may pay dividend in proportion to the amount paid up on shares, if the company is authorized by Board.

    Choose the correct statement.

    Only Statement (1) is Correct

    Correct Answer

    Only Statement (2) is Correct

    Incorrect Answer

    Both the Statements are Correct

    Incorrect Answer

    None of the statement is correct

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Paymentofdividends
    Prepare through Micro-courses
    Try Now
    Explanation:

    The dividend recommended by the Board of Directors in the Board's Report must be 'declared' at the AGM of the Company. This constitutes an item of Ordinary Business to be transacted at every AGM.

    By: Srishti Gupta
    ProfileResources

    Let's Discuss

    Master
    Paymentofdividends
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free