Preference Share Dividend

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Querist : Anonymous

Querist : Anonymous (Querist)

23 July 2010 Can a Company pay Preference Dividend after making a loss for the financial year

srinath (Expert)
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23 July 2010 no... since dividend is appropriation of profit only after a company earns profit, even pref dividend can be paid

Ankur Garg (Expert)
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23 July 2010 YES

Kindly refer Companies (Declaration of Dividend out of Reserves) Rules, 1975.

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