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Press Information Bureau
Government of India
Ministry of Corporate Affairs
13-August-2012 17:59 IST
Payment of Dividend by Companies
The data regarding companies which have not given dividend to their shareholders is not maintained in this Ministry. Further, there is no statutory compulsion on the companies under the Companies Act 1956 to declare and pay dividends to their shareholders every year.
This information was given by Minister of State for Corporate Affairs Shri R.P.N. Singh in reply to a written question in the Rajya Sabha today.
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