Forums

Conditions to be met if Dividend Paid from Reserves

Corporate & Other Laws

Hi ma'am, hope you're well. You had listed certain conditions that are to be met, if dividends are to be paid from Reserves / Past year profits. Would these conditions still apply in full, even if both Current year profits and Past year profits were used to pay dividend? As in, some part from Current year profits and rest from Past year profits. Or would the conditions be apportioned since we're not paying dividend entirely from Past year profits? Thanks Video Details Corporate and Other Laws Declaration and Payment of Dividend 9. Conditions to use Reserves and Surplus


Devaprasad Jothimani

Devaprasad Jothimani

CA Inter

0

28-Mar-24 13:13

37

Answers (1)

Even if partly the reserves are used, the conditions will apply


CA YOGITA HARJANI

CA YOGITA HARJANI

Faculty

29-Mar-24 13:56

Individual Modules Offer