alleryStart learning →Dividend on a share is payable only to the
Anominee director concerned
Bbeneficial owner of the share
Cregistered shareholder or his order
Doriginal allottee of the share
Answer & Solution
Correct answer: C. registered shareholder or his order
Section 123(5) allows payment only to the registered holder of the share, to his order or to his banker.
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