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According to the provisions of the Companies Act the amount of the dividend, including interim dividend, shall be deposited in a scheduled bank in a separate account within ___________________

Q: Answer-According to the provisions of the Companies Act the amount of the dividend, including interim divid...

Section 123.Declaration of dividend 4 The amount of the dividend, including interim dividend, shall be deposited in a scheduled bank in a separate account within five days from the date of declaration of such dividend.

A Five days from the date of declaration of such dividend

B Seven days from the date of declaration of such dividend

C Thirty days from the date of declaration of such dividend

D Ninety days from the date of declaration of such dividend

E Such period as the Central Government may specifically provide for

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According to the provisions of the Companies Act the amount of the dividend, including interim dividend, shall be deposited in a scheduled bank in a separate account within ___________________

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