PTM Ltd., a listed company has declared dividend to its registered shareholders on 1st January, 2021 but the company did not pay the dividend till 31st January, 2021. Whether the registered shareholder can lodge the comp

Can a registered shareholder lodge a complaint on SCORES Portal? Yes. Reason: A registered shareholder can lodge a complaint on the SCORES Portal if the company fails to pay the declared dividend within 30 days from the declaration of the dividend to all its registered shareholders. In this case, the dividend was declared on 1st January 2021, and it was not paid till 31st January 2021, which is beyond the 30-day period. Timeline for lodging the complaint on SCORES: The date of cause of complaint would be 31st January 2021 (as the dividend was declared on 01.01.2021 and should have been paid by 30.01.2021). A complaint can be lodged on SCORES within 1 year from the date of the cause of action, i.e., from 31st January 2021.