Non-payment of dividends is an offence unless there's a dispute between parties involved. Penal action applicable otherwise.

Non-payment of dividends is an offence unless there's a dispute between parties involved. Penal action applicable otherwise. https://www.taxtmi.com/highlights?id=46341 Non-payment of dividend to the shareholder is an offence, which invites penal action. However, non-payment of dividend to the shareholder will not be called an offence if the payment is not made because the dispute between the parties exists. en-us Tue, 07 May 2019 09:19:04 +0530 Tue, 07 May 2019 09:19:04 +0530 TaxTMI RSS Generator Non-payment of dividends is an offence unless there's a dispute between parties involved. Penal action applicable otherwise. https://www.taxtmi.com/highlights?id=46341 Non-payment of dividend to the shareholder is an offence, which invites penal action. However, non-payment of dividend to the shareholder will not be called an offence if the payment is not made because the dispute between the parties exists. Highlights Companies Law Tue, 07 May 2019 09:19:04 +0530 https://www.taxtmi.com/highlights?id=46341