Section 52

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As per sec 52(2) there are only 5 uses of Security premium reserve.


Then why sec 52(3) restricted it to only 3 uses for the companies whose financial statements comply with AS as prescribed under sec 133 ??
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https://www.caclubindia.com/experts/relevance-of-section-52-3-of-companies-act-2013--2314929.asp


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