Companies (Transfer of Profits to Reserves) Rules, 1975
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Sections |
Particulars |
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2 |
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3 |
Conditions governing voluntary transfer of a higher percentage |
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[See section 205 of the Companies Act, 1956]
In exercise of the powers conferred by sub-section (2A) of section 205, read with clause (a) of sub-section (1) of section 642 of the Companies Act , 1956, the Central Government hereby makes the following Rules, namely: –