Bare ActsThe Companies Act, 2013

Section 51

Payment of dividend in proportion to amount paid-up

Amendment status not verified — confirm the current text below against the official source.

A company may, if so authorised by its articles, pay dividends in proportion to the amount paid-up on each share.

Amended up to 2019-04-22View on India Code →
Section 51 – The Companies Act, 2013 | DailyLaw.ai