Tag: Unpaid Dividend Account Section 124
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Companies Act, 2013 (Chapter VIII, Sections 123–127): Declaration & Payment of Dividend, Unpaid Dividend & IEPF
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Chapter VIII (Sections 123 to 127) of the Companies Act, 2013 governs the Declaration and Payment of Dividend. Every SEBI Grade A, PFRDA Grade A, and UPSC EPFO aspirant must memorize the exact dividend payment timeline: Deposit in Separate Scheduled Bank Account within 5 days of declaration -> Pay/Credit Dividend within 30 days of declaration…
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