Reforms To Rules On Dividend – Mondaq News Alerts (registration)

Reforms To Rules On Dividend – Mondaq News Alerts (registration)
Reforms To Rules On DividendMondaq News Alerts (registration)Section 365(1) of the Companies Act (“CA”) provides that “No dividend shall be payable to the shareholders of any company except out of profits or pursuant to Section 60.” Section 60 which permits dividends to be paid out of the share premium account …
Reforms To Rules On Dividend – Mondaq News Alerts (registration)