Legal Question in Credit and Debt Law in India
if private limited company is diluting (having no transaction from last 3 yrs ) having huge surplus ,can it can declare dividend????
Asked on 9/15/12, 12:44 am
2 Answer from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
Transaction is different from profit. It may declare the dividend.
Answered on 9/15/12, 1:18 am
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