According to Chapter VIII of the Companies Act, 2013, what is the maximum amount of interim dividend a company can declare during a financial year?
1
50% of the paid-up share capital
2
75% of the paid-up share capital
3
100% of the paid-up share capital
4
An amount not exceeding the profits of the financial year up to the quarter preceding the declaration
5
An amount determined by the board of directors without any restrictions