Board resolution, declaration of interim dividend
A single format from the Dividend pack. s.123(3).
- 2 pages
- 24
- Word and PDF
- 12 September 2026
What it covers
- 1Board resolution, declaration of interim dividends.123(3)
Read the opening
The first part of the format, as it downloads. Blanks are highlighted.
Certified true copy of the resolution passed at the meeting of the Board of Directors of [ABC Private Limited] held on [Date of the board meeting] at [Time of the board meeting] at the registered office of the Company
DECLARATION OF INTERIM DIVIDEND FOR THE FINANCIAL YEAR [20__-__]
The Chairman placed before the Board the accounts of the Company for the period from [01.04.20__] to [the end of the quarter immediately preceding this meeting, being 31.12.20__], showing a profit of [Profit for that period (Rs)] after providing for depreciation in accordance with Section 123(2) of the Companies Act, 2013, and a surplus in the statement of profit and loss of [Surplus in the statement of profit and loss (Rs)]. He informed the Board that the Company has not defaulted in the repayment of any deposit accepted by it or in the payment of interest thereon, so that the bar in Section 123(6) does not apply, and that the carried-over losses and depreciation not provided in previous years have been fully set off.