How much dividend can be declared by a private limited company? and what are the provisions about DDT?
Please reply
How much dividend can be declared by a private limited company? and what are the provisions about DDT?
Please reply
Dividend cannot be declared by a pvt. ltd. company. Dividend can be declared only by a Public Ltd. Comany as per Companies Act, 1956. So no case of DDT arises.
Dear Suraj, can you please quote the sectoin reference where the co law says that a pvt co cannot declare dividend??
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