CS Executive Test Series

Question 1.Write a short note on the Rights of Dissentient Members. (December 2013) (4 marks)Answer: Question 2.All the shareholders of a company are members and all the members of a company are shareholders. Comment (December 2008) (5 marks)OrEvery shareholder of a company is known as a member while every member may not be known as

Question 1.Distinguish between: Interim Dividend and Final Dividend. (December 2014) (4 marks)Answer: Basis of Distinction Interim Dividend Final Dividend Meaning The dividend which is paid in the middle of the year is known as an interim dividend. A dividend that is recommended by the Board of Directors and approved by the shareholders in AGM is