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The amount of dividend shall be deposited by the company in ____________ in a separate account within _____________ of declaration of such dividend.
A nationalized bank; 5 days
A scheduled bank; 5 days
State bank of India; 7 days
A nationalized bank; 7 days
The amount of dividend (final as well as interim) shall be deposited in a separate bank account within 5 days from the date of declaration. [Section 123(4)]
By: Srishti Gupta ProfileResourcesReport error
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