Dividend
This query is : Resolved
21 February 2009
Comany has aggriculture land resurve
can issue dividend above reserve
can issue dividend above reserve
21 February 2009
Company can not make dividend from any capital reserve it can anounce dividend only out of divisible profit.
From your Qn it semms to be a capital reserve hence not allowed.
From your Qn it semms to be a capital reserve hence not allowed.
22 February 2009
Dividend can be declared from capital reserve provided it is realised.
If it is unrealised then company cannot declare dividend from it.
If it is unrealised then company cannot declare dividend from it.
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