In brief Time Frame: Three months’ grace period from the date of notice for all companies to file their overdue returns. Compliance: All companies to file their annual returns accompanied with audited financial statements for every year of filing. Sanction for default: Company shall be struck off the Companies’ register and court action shall be […]
Law, Practice and Procedure Relating To Dividend In Tanzania, Under The Companies Act, 2002
Important terms to know about dividends generally The procedure for declaration and issuing of dividends Other matters such as unclaimed dividends, and trading of shares cum dividends The term ‘dividend’ is not defined under the law governing companies in Tanzania, that is, Companies Act Companies Act, No. 12 of 2002. According to the generally accepted […]
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