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Can securities premium be freely distributed as dividend? - Accounts

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प्रश्न

Can securities premium be freely distributed as dividend?

अति संक्षिप्त उत्तर
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उत्तर

No, securities premiums cannot be paid out as dividends since the Companies Act severely restricts their usage and forbids any exceptions.

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अध्याय 6: Company Accounts - Issue of Shares - SHORT ANSWER QUESTIONS [पृष्ठ ६.१४७]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
अध्याय 6 Company Accounts - Issue of Shares
SHORT ANSWER QUESTIONS | Q 25. | पृष्ठ ६.१४७
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