Surplus in Profit and Loss account as per the Companies Act, 2013 - The Conundrum around it

Ramaswami Kalidas , Last updated: 10 November 2020  
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Under sub-section (3) of the companies Act, 2013 (hereinafter referred to as The Act), the expression Surplus in the profit and loss account has been used. The sub-section contemplates that the above Surplus can be put to use as one of the silos from which the Board of a company can use for declarat

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Published by

Ramaswami Kalidas
(Practicing Company Secretary)
Category Corporate Law   Report

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