LexaceLexace Ask the AI ›
⚖️ Ask the AI about your situation:🚗 Car Accident💼 Work / Job🏠 Housing / Eviction👪 Family / Divorce📋 Contract Dispute💰 Money Owed

Section 51 — Payment of dividend in proportion to amount paid-up

Companies Act, 2013
A company may, if so authorised by its articles, pay dividends in proportion to the amount paid-up on each share.
Open in Lexace · Ask the AI about this section

‹ Prev All sections Next ›