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 ... Summary
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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