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.
Whether Reserve includes Surplus of Profit as per theses rules.
31 July 2012
Hi
Yes, it will apply on both, public as well as private company who declaring the dividend.
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.
Whether accumulation of profits of last years is included in reserves as per theses rules.
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