Dividend Payment

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  • Created by: jutnut
  • Created on: 20-08-18 16:00

How to pay a Dividend? 

Procedure for declaring a dividend by the directors:

(Interim Dividend MA 30(1))

Convene a BM (art 9)
Quoram (art 11 (2)
Does Company have Distributable Profits: s.830
Produce relevant accounts (s.836) to determine if have DP (last audited accounts or interim accounts (s.837 + 838)

If have DP - Pay dividend in

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