Question
Under Section 205-A, unpaid dividends shall be
transferred to Special Dividend's Account after the expiry period of declaration of such dividend. What is the period of declaration till expiry of dividend?Solution
The answer is 30 days. Section 205-A of the Companies Act, 1956 states that where a dividend has been declared by a company but has not been paid or claimed within 30 days from the date of declaration, the company shall, within seven days from the expiry of the said period of 30 days, transfer the total amount of dividend which remains unpaid to a special account to be opened by the company in that behalf in any scheduled bank, to be called "Unpaid Dividend Account of . . . Company Limited/Company (Private) Limited". Therefore, the period of declaration till expiry of dividend is 30 days. Â
Which of the following is the correct set-up for electrolytic refining of silver?
The density of the liquid when heated
A body is thrown vertically upward. At the highest point of its motion, which of the following is true?
Deficiency of _________ causes the leaves to develop a dark green colouration.
What happens when light enters a glass slab from air?
What is the focal length of a double convex lens for which the radius of curvature of each surface is 30 cm and the refractive index of glass is 2.50 ?
The mass of a body on earth is 10 Kg, acceleration due to gravity, g (e) is 10 m/s² . If acceleration due to gravity on the moon is g (m) 6 m/s² , the...
The radiation initially produced in fluorescent tube is –
An element "X", having atomic number 16. gains two electrons to form an anion X. What will be the atomic
number of 'X' in the anion?
Necessary element of change in solar energy to electric energy –
