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Corporate

Querist : Anonymous (Querist) 14 September 2011 This query is : Resolved 
will the cumulative dividend only be paid when there is profit in the Private limited company?
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Raj Kumar Makkad (Expert) 14 September 2011
Yes. I shall be provided as per Companies Act.
prabhakar singh (Expert) 14 September 2011
THE ANSWER TO YOUR QUESTION IS YOUR QUESTION ITSELF,IT CUMULATIVE ONLY BECAUSE OF INSUFFICIENT PROFIT.
pawan sharma (Expert) 15 September 2011
it is as per company Act.
Shailesh Kr. Shah (Expert) 15 September 2011
Section 205 of the Companies act clearly says that 'Dividend to be paid only out of profits'.

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