dividend
This query is : Open
20 December 2009
No. Why because the company has to comply the mandatory provisions of the Companies (Transfer of profits to Reserve ) Rules issued under section 205 of the Companies Act,1956.
CMA Ramesh Krishnan
(Expert)
20 December 2009
Agree
ANIL JANGID
(Expert)
20 December 2009
agree
20 December 2009
Out of total products only 80% can be distributed as dividend and 20% has to be transferred to general reserve.
Message likes :
1 times
21 December 2009
No comapny cannot declare 100 % dividend it has to transfer requisite % to reserves .... Also Logically u can see that it is not viable for any comapny to declare 100 % dividend
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