Can a Pvt Ltd Co. issue dividends out of entire reserves & Surplus (i.e. reserves balance comes to Nil)? Is there any limit for issuing dividend from the current reserves of the company?
CS Arjun Rajagopal
(B.com, ACS)
(1056 Points)
Replied 08 January 2014
You are hereby advised to go through the following link
/forum/dividend-declaration-141532.asp#.Uszf8_QW2lc
Regards,
Arjun Rajagopal