As per the Companies Act 2013, the payment of dividend by a company to its shareholders is governed by Section 123. This section outlines the rules and regulations related to the declaration, distribution, and payment of dividends, including the sources from which dividends can be paid, the procedure for declaring dividends, and the restrictions on declaring dividends. It ensures that companies follow transparent and fair practices while distributing profits to their shareholders.
In case of a motor accident, the first step to be taken by the insured is to:
Which of the following types of companies/organisations issue ULIP?
Which feature is not allowed in the Indian insurance market?
The first private health insurance company in India was:
What covers professionals for negligence and errors or omissions that injure their clients?
Which of the following are authorized only to maintain the policies in electronic form and provide a service record of all insurance policies?
A person named in a life insurance contract to receive the benefits of the policy if other named beneficiaries are not living is referred as ________.
The Insurance Ombudsman was established to:
If an organization wishes to venture into Insurance Business it has to obtain a licence firstfrom which of the following ?
As we know, the Government is paying much attention to “Micro Finance” these days. Which of the following is one of the examples of Micro Finance?