Dividend declare of co having b/f business loss
Tapan Kumar Parui (Service) (45 Points)
23 April 2015Tapan Kumar Parui (Service) (45 Points)
23 April 2015
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 24 April 2015
No, it cannot. [Ref. Rule 3(5) of Companies (Declaration & Payment of Dividend) Rules 2014.
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