Section 51 of the Companies Act, 2013: Payment of dividend in proportion to amount paid up

The Companies Act, 2013

Chapter-IV Share Capital and Debentures

Section 51: Payment of dividend in proportion to amount paid up.

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


Reference

*Effective from 12.09.2013

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