Regulation 2 of Prudential regulations

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Regulation 2 of Prudential regulations

idreesdurrani
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#1

09-14-2004, 08:59 PM

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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