Dividend

Mihir (Querist) 10 October 2010 This query is : Resolved
can anybody tell steps for declaration of dividend by privvate limited co...also clarify some points

whether amount to be transferred to general reserve has to be done before finalisation of accounts or else in the next year when the dividend is declared?

whether new account has to opened (as per act trf the amount to seperate bank account)...when the account has to opened or amount has to be transfered...whether within 5 days of AGM....or else 5 days from which date?

whether for private limited companies all this dividend rules compiance is necessary?

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