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Dividend warrant

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HomeBrud.gifBanking LawBrud.gifDividend warrant

A Dividend Warrant is an instrument by which a company pays dividend in the form of cash (money) back to its shareholders from the profits it has made out of its business operations.

Related Sections from various Legislation

From the Indian Companies Act, 2013

  • Section 51: Payment of dividend in proportion to amount paidup
  • Section 123: Declaration of dividend
  • Section 125: Investor Education and Protection Fund
  • Section 126: Right to dividend, rights shares and bonus shares to be held in abeyance pending registration of transfer of shares

From the Malaysian Companies Act, 1965

  • Section 57: Share warrants
  • Section 365: Dividends payable from profits only