Upgrade to AI Search ✕

We've upgraded AI Search on TaxTMI with two powerful modes:

1. Basic
• Quick overview summary answering your query with references• Category-wise results to explore all relevant documents on TaxTMI

2. Advanced
• Includes everything in Basic
• Detailed report covering:
     - Overview Summary
     - Governing Provisions [Acts, Notifications, Circulars]
     - Relevant Case Laws
     - Tariff / Classification / HSN
     - Expert views from TaxTMI
     - Practical Guidance with immediate steps and dispute strategy

• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.Help Us Improve - by giving the rating with each AI Result:

Call Us / Help / Feedback✕

TMI Blog

Home /

Previous Next

Use of information technology in cash transaction of listed companies for payment of dividends

X X X X Extracts X X X X

Full Text of the Document

X X X X Extracts X X X X

....the Companies Act, 1956, a company may remit dividend in cash or by cheque or by warrant. It is, however, well- known that the amount of dividend can also be transmitted electronically to the shareholders after obtaining their consent in this regard and asking them to nominate the specific bank account number to which the dividend due to them should be remitted. 2. The shareholders have complaine....

Previous Next

Contact Us At :

FAQs :

Most Asked Video Tutorials :

Submit Feedback/Suggestion :

Use of information technology in cash transaction of listed companies for payment of dividends