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V.S. Datey on Companies Act, 2013
  • Applicability of section 51

    by Jay Shah on Monday, August 31, 2020 at 06:06 PM

    Section 51 states that a company may, if so authorised by its articles, pay dividends in proportion to the amount paid- up on each share. In such case, would it be permissible for a company to issue shares with differential dividend rights?

    Replied byV.S. Datey Wednesday, September 02, 2020 at 09:35 AM

    if private placement - yes - but not in case of listed companies V S Datey

 
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