Conditions of revocation of declared dividend

As you are aware that "Dividend" is a return on investment made by shareholders in a Capital of a Company and it is different from return on borrowed Capital as interest. A dividend is share of profit to the shareholders of a company ,in which he/she /it has invested.

source https://www.caclubindia.com/articles/conditions-of-revocation-of-declared-dividend-48190.asp

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