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Topic:Dividend out of the free reserves ?

AnonymousPosted on 8th January,2021 05:15 PM

If a company wants to issue dividend out of the free reserves. And it does not paid any dividend to the shareholders for preceeding financial year. So what amount can be drawn for the purpose of paying dividend by that company.\r\n
Main Category: Corporate Law | Sub Category: Co Act 2013 | Reply Count: 1 |
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