Conditional approval/declaration of dividend by companies

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..... EPARTMENT OF COMPANY AFFAIRS Subject:- Conditional approval/declaration of dividend by companies 1. It has been brought to the notice of this Department that there have been cases in which companies .....

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..... your constituents that declaration of dividends by them should be unconditional and that they should not declare dividends subject to any conditions as aforesaid. They should take prior approval from .....

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