Section 51:
Payment of dividend in proportion to amount paid-up
A company may, if so authorised by
its articles, pay dividends in proportion to the amount paid-up on each share.
18/2013 - The Companies Act, 2013 ▶
Act Number: 18
Act Name: The Companies Act, 2013
Year: 2013
Enactment Date: 2013-08-29
Long Title: An Act to consolidate and amend the law relating to companies.
Ministry: Ministry of Corporate Affairs
Department: