Multiple Choice Questions on The amount of dividend has to be paid to the shareholders by a company within ........ for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

The amount of dividend has to be paid to the shareholders by a company within ........

Companies Act-Phase (I & II) Paymentofdividends
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    The amount of dividend has to be paid to the shareholders by a company within:

    30 days from the date of declaration.

    Correct Answer

    20 days from the date of declaration.

    Incorrect Answer

    60 days from the date of declaration.

    Incorrect Answer

    90 days from the date of declaration.

    Incorrect Answer

    120 days from the date of declaration.

    Incorrect Answer
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    Explanation:

    As per section 123(4) of Companies Act, 2013 , the amount of dividend (final as well as interim) shall be deposited in a bank account within 5 days from the date of declaration and it has to be paid within 30 days from the date of declaration.

    By: Vikas Goyal
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