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[Cites 0, Cited by 0] [Section 123(1)] [Section 123] [Entire Act]

Union of India - Subsection

Section 123(1)(a) in The Companies Act, 2013

(a)out of the profits of the company for that year arrived at after providing for depreciation in accordance with the provisions of sub-section (2), or out of the profits of the company for any previous financial year or years arrived at after providing for depreciation in accordance with the provisions of that sub-section and remaining undistributed, or out of both; or