Proportionate dividend payments: companies may allocate dividends according to amounts paid-up on unevenly paid shares if articles allow. Companies may distribute profits in proportion to the amount paid-up on each share where some shares have a larger paid-up amount than others, but only if authorised by the articles of association.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Proportionate dividend payments: companies may allocate dividends according to amounts paid-up on unevenly paid shares if articles allow.
Companies may distribute profits in proportion to the amount paid-up on each share where some shares have a larger paid-up amount than others, but only if authorised by the articles of association.
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