business
Dividends
Section 426 says dividends can only come from profits and are declared at AGM. The AGM cannot exceed what directors recommend.
CAMA 2020
Understanding your rights as a shareholder when directors refuse to declare or pay dividends despite company profits.
Section 426 says dividends can only come from profits and are declared at AGM. The AGM cannot exceed what directors recommend.
Section 114 confirms shareholders have the right to vote at meetings, including on dividend declarations.
Section 303 allows minority shareholders to apply to court if company affairs are conducted in an oppressive manner.
Section 235 requires annual general meetings where dividends are normally declared. Request an AGM if none has been held.
Section 36 fair hearing rights mean you can pursue your claim in court if negotiations fail.