PREFERENCE SHARES (REGULATION OF DIVIDENDS) ACT, 1960
Section - 6 - Act not to apply to participating preference dividends
Act not to apply to participating preference dividends.
6. Nothing contained in section 3 or section 4 shall apply to such part of any dividend on preference shares as is referred to in clause (i) of the Explanation to sub-section (1) of section 85 of the Companies Act.
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