LegalDraft-Template Search Results
Home Forms Name: accumulated profits Page 1 of about 3 results (0.001 seconds)Companies _declaration Of Dividend Out Of Reserves_ Rules, 1975
Category : Centralrules
Companies Declaration of Dividend Out of Reserves Rules 1975 1 Short title These Rules may be called the Companies Declaration of Dividend out of Reserves Rules 1975 2 Declaration of dividend out of reserves In the event of inadequacy or absence of profits in any year dividend may be declared by a company for that year out of the accumulated profits earned by it in previous years and transferred by it to the reserves subject to the conditions that i the rate of dividend declared shall not exceed the average of the rates at which dividend was declared by it in the five years immediately preceding that year or ten per cent of its paid up capital whichever is less ii the total amount to be drawn from the accumulated profits earned in previous years and transferred to the reserves shall not exceed an amount equal to one tenth of the sum of its paid up capital and free reserves and the amount so drawn shall first be utilized to set off the losses incurred in the financ...
Bse Listing Agreement Part I
Category : Agreements Company Law
Listing AgreementAgreement made this day of By a Company duly formed and registered under the Indian Companies Act and having its Registered Office in hereinafter called the Company WITH THE STOCK EXCHANGE OF MUMBAI hereinafter called the Exchange WitnessesWHEREAS the Company has filed with the Exchange an application for listing its securities more particularly described in Schedule I annexed hereto and made a part hereofAND WHEREAS it is a requirement of the Exchange that there must be filed with the application an agreement in terms hereinafter appearing to qualify for the admission and continuance of the said securities upon the list of the ExchangeNOW THEREFORE in consideration of the Exchange listing the said securities the Company hereby covenants and agrees with the Exchange as follows 1 The Company agrees a that Letters of Allotment will be issued simultaneously and that in the event of its being impossible to issue Letters of Reg...
Nse Listing Agreement Part I
Category : Agreements Company Law
This agreement made this day of by a Company any other body duly formed and registered under the relevant Act and having its Registered office at hereinafter called the Issuer with the NATIONAL STOCK EXCHANGE OF INDIA LIMITED hereinafter called the NSE WitnessethWHEREAS the Issuer has filed with the NSE an application for listing its securities more particularly described in Schedule I Schedule II annexed hereto and made a part hereof AND WHEREAS it is a requirement of the NSE that there must be filed with the application an agreement in terms hereinafter appearing to qualify for the admission and continuance of the said securities upon the list of the NSE NOW THEREFORE in consideration of the NSE having agreed to list the said securities the Issuer hereby covenan...
- << Prev.
- Next >>