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As per the provisions of Companies Act, dividend is payable to:
The registered shareholder of the shares
To the order of registered shareholder of the company
To the banker of the registered shareholder of the company
Any of the above
As per Section 123(5) of Companies Act, 2013 dividend can be paid in cash or by cheque or warrant or any other electronic mode to the registered shareholder of the shares or to his order or to his banker.
By: Vikas Goyal ProfileResourcesReport error
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