PREFERENCE SHARES (REGULATION OF DIVIDENDS) ACT, 1960
Section - 2 - Definitions
Definitions.
2. In this Act, unless the context otherwise requires,-
| (a) | - | -Companies Act- means the Companies Act, 1956 (1 of 1956); |
| (b) | - | -company- means an Indian company as defined in clause (26) of section 2 of the Income-tax Act, 1961 (43 of 1961) and includes a company referred to in sub-clause (ii) of clause (17) of the said section which has made arrangements for the declaration and payment of dividends within India in accordance with the rules made under the said Act; |
| (c) | - | -preference share- means a share which carries, as respects dividends, a preferential right to be paid a fixed amount or an amount calculated at a fixed rate; |
| (d) | - | -previous year- has the same meaning as in the Income-tax Act, 1961 (43 of 1961); |
(e< .... To read the full section download the app from Google Play store
ARTICLESHIP
28 May 2026
Accounts, Audit & Compliance ExecutiveShyam Joshi & Associates Pune B.Com View Details
01 June 2026
Audit, Taxation & Compliance ExecutiveR P S K & Associates Nashik CA Inter View Details
26 May 2026
Senior Accountant cum purchase ManagerVardhaman Group of India Pimpri Chinchwad CA Inter View Details |
CAclubindia
