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    Declaration of Dividend in case of inadequate profits

    Posted By : ARUN GANDHI / Published on : 21-Jul-2022 05:06 AM / View : 300 / Comment : 0

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    Hi Members

    Can a company that has inadequate profits or has incurred
    loss in the immediately preceding financial year declare an interim
    dividend out of the accumulated profits of the previous financial
    years? Also, is there any restriction on the rate of dividend?
    Read more on : profits inadequate case dividend declaration

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