1119. Discretion as to reserve fund reducing amount available for dividend.
1119. Discretion as to reserve fund reducing amount available for dividend.
Companies (Volume 14 (2023), paras 1-467; Volume 14A (2023), paras 468-919; Volume 15 (2023), paras 920-1445; Volume 15A (2023), paras 1446-1924) | Commentary
If the directors have power, as is usual, to set aside out of the profits a sum for or towards a reserve fund,
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