Question
No dividend shall be declared or paid by a company for
any financial year except________________Solution
‘Companies Act’ Section 123.Declaration of dividend: (1) No dividend shall be declared or paid by a company for any financial year except— (a) out of the profits of the company for that year arrived at after providing for depreciation in accordance with the provisions of sub-section (2), or out of the profits of the company for any previous financial year or years arrived at after providing for depreciation in accordance with the provisions of that sub-section and remaining undistributed, or out of both or; both.
Match Column I and Column II and choose the correct match from the given choices
In the following question, match the sentences beginning in Column 1 with their appropriate endings in Column 2.
In the following questions two columns are given. In column-I three sentences are given, each of them consisting of a blank which may or may not be fil...
In the question, a sentence is divided into three parts; you have to connect the sentence by using the right connector, without altering its meaning ...
In each of the following questions, a sentence is given with three blanks. Each question is followed by a table which consists of three columns. You ar...
Match Column I and Column II and choose the correct match from the given choice
