Payment of dividend


This query is : Resolved 

31 July 2012 Whether companies (Declaration of Dividend out of Reserves) Rules, 1975 is Applicable to Pvt. Companies.
Whether Reserve includes Surplus of Profit as per theses rules.

Ajay Mishra (Expert)
31 July 2012 Hi


Yes, it will apply on both, public as well as private company who declaring the dividend.

01 August 2012 Thanks

Whether accumulation of profits of last years is included in reserves as per theses rules.


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