Question : PERMISSION TO PAY DIVIDEND TO INFRA STRUCTURE COMPANIES



(a) whether the Government have taken a decision to allow infra-structure companies to pay dividend on preference shares out of its capital in special situations;

(b) if so, under what the special circumstances or situations under which the dividend could be paid out of capital;

(c) whether the Government have also stipulated that only certain class of companies would be given such permission;

(d) if so, the criteria being fixed to categories, qualifying companies in this regard; and

(e) the reasons for such special treatment ?

Answer given by the minister

MINISTER OF LAW, JUSTICE AND COMPANY AFFAIRS ( SHRI ARUN JAITLEY )

(a): No, Sir.

(b) to (e) : Does not arise.