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Regulation 2 of Prudential regulations
09-14-2004, 08:59 PM
Post: #1
Regulation 2 of Prudential regulations
Salam!

20% of the after tax profits to be transferred to reserve fund as per Regulation 2 of the Prudential regulations for Non-Banking Finance Companies BEFORE or AFTER DISTRIBUTING DIVIDEND FOR IRREDEEMABLE PREFERENCE SHARES???

will anyone explain with arguments.......
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Idrees
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