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Companies Law - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

Declaration and Payment of Dividend - The condition that, "No ...


Companies Law Update: Firms Can Now Declare Dividends Without Offsetting Previous Losses and Depreciation.

June 1, 2015

Notifications     Companies Law

Declaration and Payment of Dividend - The condition that, "No company shall declare dividend unless carried over previous losses and depreciation not provided in previous year or years are set off against profit of the company of the current year", omitted - Companies Law

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