{"id":29782,"date":"2021-05-06T12:42:06","date_gmt":"2021-05-06T07:12:06","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=29782"},"modified":"2021-05-06T12:42:07","modified_gmt":"2021-05-06T07:12:07","slug":"legality-associated-with-the-declaration-and-payment-of-dividend-in-a-company","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/legality-associated-with-the-declaration-and-payment-of-dividend-in-a-company\/","title":{"rendered":"Legality Associated with the Declaration and Payment of Dividend in a Company"},"content":{"rendered":"\n

The Dividend is basically a profit that is paid to the Company’s shareholders. It is often paid annually to the shareholder after drafting the final accounts of profit, and the same has to be distributed.<\/p>\n\n\n\n

Shareholders’ right on profit\nas dividends only comes up after the declaration of the Dividend made by the\nCompany after getting approval from BODs. The amount paid relating to Dividend\nis directly proportional to the amount paid on the Company’s shareholders’ share\nas per section 51 of the Act.<\/p>\n\n\n\n

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