Interest out of Capital
This query is : Resolved
07 August 2010
Can a company pay to the share holders interest out of cpital? Is there any provision in Companies Act 1956 in relation to this? Please let me know, if any.
07 August 2010
Hi,
You are requested to refer section 208 of the companies act, 1956 for your query. This section deals with payment of interest out of capital in certain cases.
Regards
You are requested to refer section 208 of the companies act, 1956 for your query. This section deals with payment of interest out of capital in certain cases.
Regards
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