\n <\/strong>A COMPANY KEEPS POSTPONING DIVIDEND PAYOUTS OR<\/strong>
\n <\/strong>DOES NOT PAY THEM AT ALL? <\/strong><\/p>\n
You should know that YOUR RIGHT TO DIVIDENDS is SECURED BY THE LAW<\/strong><\/p>\n Article 53.<\/strong>\u00a0The Law of the Republic of Uzbekistan \u201cOn Joint Stock Companies and Protection of Shareholders<\/strong>\u2019<\/strong>Rights\u201d says: <\/strong>\u201cA joint stock company must pay dividends declared for each type of stock\u201d<\/p>\n Article 58<\/strong>\u00a0of the same Law states: \u201cIn case the issuer fails to pay dividends in the time period determined by the General Shareholders\u2019 Meeting through its own fault, a penalty will accrue on the unpaid part of dividend based on refinance rates established by the Central Bank.<\/p>\n The Shareholder has the right to seek recovery of dividends declared by a joint stock company in a court of law. In case of refusal, the joint stock company will be subject to insolvency procedure or it will be declared bankrupt in the manner determined by the law\u201d).<\/p>\n PROTECT YOUR RIGHT<\/strong><\/p>\n TO RECEIVE DIVIDENDS!<\/strong><\/p>\n Download\u00a0booklet\u00a0\u00a0<\/a><\/p>\n <\/p>","protected":false},"excerpt":{"rendered":"![\"pdf](\"http:\/\/sverenins.uz\/wp-content\/uploads\/pdf-icon-1-e1507873336117.jpg\"){kind=icon}
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