Preference Share Dividend
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 July 2010
Can a Company pay Preference Dividend after making a loss for the financial year
23 July 2010
no... since dividend is appropriation of profit only after a company earns profit, even pref dividend can be paid
23 July 2010
YES
Kindly refer Companies (Declaration of Dividend out of Reserves) Rules, 1975.
Kindly refer Companies (Declaration of Dividend out of Reserves) Rules, 1975.
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