RESOLVED that a dividend at the rate of Rs..........be and is hereby declared, on the equity
shares of Rs. 10 each fully paid up in the paid-up capital of the company and that the aforesaid
dividend be distributed subject to deduction of tax before payment under section 194 of the
Income-tax Act, 1961 on or after............to those shareholders whose names will appear on the
Register of Members of the company as on ...................or to their mandates

Using this format

This is a reference draft reproduced for study and adaptation. Court rules, court fees and the correct forum vary with the facts and the value of the claim, so have the document checked and filed by an advocate. A defective application can be returned or dismissed even when the case itself is good.

Our Corporate & Company Law team drafts and files these documents before the Calcutta High Court, city civil courts, magistrate, family and consumer courts in Kolkata. Our corporate team handles company formation, filings and commercial contracts.

Disclaimer: this page is a sample format reproduced for reference and study. It is not legal advice and does not create an advocate–client relationship.

Resolution for Payment of Dividend: Format & Sample

Using this format

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