Declaration of Dividend According to the Companies Act 2013 Along with Applicable Provisions of the Companies Act 1956

In New Dimensions in E-Governance (pp. 51-60). INSPIRA Research Association, 2018

10 Pages Posted: 19 Mar 2020

Date Written: 2018

Abstract

The paper seeks to highlight the various provisions related to declaration and payment of dividend in a composite manner. The dividend related provisions are running through transitional phase and Sections 124 and 125 of the Companies Act 2013 are yet to be notified, hence till then corresponding sections of the Companies Act 1956 and rules thereof will be in force and we need to interpret both the Acts in a harmonious and constructive way for better compliance of the provisions. Explorative research method has been used in this paper. The paper concludes that new Companies Act has clarified most of the dividend related issues.

Keywords: Dividend, Inadequacy of Profits, Companies Act 1956, Companies Act 2013

JEL Classification: G30

Suggested Citation

Jarwal, Devendra, Declaration of Dividend According to the Companies Act 2013 Along with Applicable Provisions of the Companies Act 1956 (2018). In New Dimensions in E-Governance (pp. 51-60). INSPIRA Research Association, 2018, Available at SSRN: https://ssrn.com/abstract=3543091 or http://dx.doi.org/10.2139/ssrn.3543091

Devendra Jarwal (Contact Author)

University of Delhi ( email )

University Road
Kirti Nagar
Delhi, DE New Delhi 110 007
India

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