Question

preference shareholders surely enjoy certain privileges against equity under the companies act 2013 briefly analyze the dividend situation for 12% preference share of daya ltd. in each following classes during a financial year
a:- adequate profits
b;- losses

Answer 1

Answer:

Dividend: As per Section 2(35) of Companies Act, 2013 defines the term as including any interim dividend. Dividend is basically the share of profit distributed among shareholders. Ordinary meaning of dividend is a share of profits, whether at a fixed rate or otherwise, allocated to holders of shares in a company.

Explanation:

So I think I was a adequate profit.

Hope I understood your question properly ..