Conditional approval/declaration of dividend by companies

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....CL-V], DATED 13-4-1998, ISSUED BY THE DEPARTMENT OF COMPANY AFFAIRS Subject:- Conditional approval/declaration of dividend by companies 1. It has been brought to the notice of this Department th....

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..... 2.1 am directed to request you to advise your constituents that declaration of dividends by them should be unconditional and that they should not declare dividends subject to any conditions as af....