https://www.taxtmi.com/circulars?id=11092 Companies must declare dividends unconditionally and obtain any required approvals from financial institutions or banks before declaration, so that dividend payments are not delayed by conditional declarations; Registrars of Companies are directed to take action against firms that condition dividend declarations and thereby postpone payment to shareholders. en-us Mon, 13 Apr 1998 00:00:00 +0530 Mon, 20 Jun 2011 18:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11092 Companies must declare dividends unconditionally and obtain any required approvals from financial institutions or banks before declaration, so that dividend payments are not delayed by conditional declarations; Registrars of Companies are directed to take action against firms that condition dividend declarations and thereby postpone payment to shareholders. Circulars Companies Law Mon, 13 Apr 1998 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11092