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Companies Law - Highlights / Catch Notes

Home Highlights May 2019 Year 2019 This

Non-payment of dividend to the shareholder is an offence, which ...


Non-payment of dividends is an offence unless there's a dispute between parties involved. Penal action applicable otherwise.

May 7, 2019

Case Laws     Companies Law     HC

Non-payment of dividend to the shareholder is an offence, which invites penal action. However, non-payment of dividend to the shareholder will not be called an offence if the payment is not made because the dispute between the parties exists.

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