companies(declartion of dividend out of profits)rules 1975
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 May 2010
hi,
i hv an urgent query as to whether interim dividend can be paid out of reserves or not as the rules are silent about it.
best regards
kamna tiwari
i hv an urgent query as to whether interim dividend can be paid out of reserves or not as the rules are silent about it.
best regards
kamna tiwari
19 May 2010
Though rules are silent but Sec 205 (1C) states that all provisions applicable to dividend will also applicable to interim dividend.
Hence rules are applicable
Hence rules are applicable
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