Declaration of dividend out of reserves: rules enabling dividend distribution from company reserves under statutory rulemaking authority. The Companies (Declaration of Dividend out of Reserves) Rules, 1975 constitute subordinate legislation enabling the declaration of dividends from reserves under the Central Government's statutory rulemaking authority; they provide the legal basis and short title for rules governing distribution from reserves and were promulgated by official Gazette notification.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Declaration of dividend out of reserves: rules enabling dividend distribution from company reserves under statutory rulemaking authority.
The Companies (Declaration of Dividend out of Reserves) Rules, 1975 constitute subordinate legislation enabling the declaration of dividends from reserves under the Central Government's statutory rulemaking authority; they provide the legal basis and short title for rules governing distribution from reserves and were promulgated by official Gazette notification.
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