Section XXXIV:
No dividend payable except out of profits.
No dividend shall be payable except
out of the profits arising from the business of the Company including interest on capital.
19/1857 - The Joint-stock Companies Act, 1857 ▶
Act Number: 19
Act Name: The Joint-stock Companies Act, 1857
Year: 1857
Enactment Date: 1857-07-10
Long Title: An Act to make better provision for the order and good government of the Suburbs of Calcutta and of the station of Howrah.
Ministry: Ministry of Corporate Affairs
Department: