Distribution of profits under the companies act 2016: satisfying the Insolvency Test / Hariati Mansor
Under the law, distribution of profits or dividends may only be paid to members of a company if there are profits available for that purpose. The Companies Act 2016 requires that the company can only make the distribution to the shareholders out of profit if the company is solvent. Previously, in th...
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| Format: | Article |
| Language: | English |
| Published: |
UiTM Cawangan Johor,
2019.
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| Online Access: | Get fulltext View Fulltext in UiTM IR |