Interim dividend
This query is : Resolved
14 December 2014
sir please tell me interim dividend only paid out of profit and loss account or other
15 December 2014
In the event of inadequacy or absence of profits in any year, a company
may declare dividend out of free reserves subject to the fulfillment of certain conditions.No dividend shall be declared or paid by a company from its reserves other than free reserves.
may declare dividend out of free reserves subject to the fulfillment of certain conditions.No dividend shall be declared or paid by a company from its reserves other than free reserves.
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