we had losses in all previous years and profit in current year , current year profit is less than all accumulated losses
can we declare dividend?
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Dividend .
Replies (4)
Refer section 123 of the companies act 2013 , with latest amendments .
Above section will applicable , only if you are company .
Dividend can be declared for the year of profit
Yes you can declare DVD but in conditions as your company has inadequate profit
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