A company may, if so authorised by its articles, pay dividends in proportion to the amount paid-up on each share.
Section 51: Payment of dividend in proportion to amount paid-up
The Companies Act, 2013Central Act · Act 18 of 2013
Where this provision sits
| Act | The Companies Act, 2013 |
|---|---|
| Section | 51 |
| Marginal note | Payment of dividend in proportion to amount paid-up |
| Jurisdiction | Central |
| Status | In force as published by the source |
| Judgments citing it | 2 |
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