Question

    As per Companies Act 2013, a company can use which of the following modes to pay dividend?

    A.      cash

    B.      cheque

    C.       electronic mode

    D.      warrant

    A Only B Correct Answer Incorrect Answer
    B A and B Correct Answer Incorrect Answer
    C B and C Correct Answer Incorrect Answer
    D A, B and C Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    ·       Payment of dividend –      Payable in cash- through cheque, warrant or electronic mode. –      To the registered shareholder or to his order or to his banker

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