Question

Preference dividend in arrears on the date of winding up is __

Answer 1

Prefrence dividend in arrears on the date of winding up is

It is settled law that in the case of cumulative preference shares, the arrears of dividend are payable on winding up, subject, of course, to settlement of all claims of outsiders.

Answer 2

Answer:

Prefrence dividend in arrears on the date of winding up is

It is settled law that in the case of cumulative prefernce shares, the arrears of dividend are payable on winding up, subject , of course, to settlement of all claims of outsiders