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Out of the following, which type of reserve be used to pay the dividend to shareholders:
Capital Reserves on transfer or revaluation of Fixed Assets
Specific Reserves like Investment Fluctuation Reserve or Dividend Equilisation Reserves
Revenue Reserve like General Reserve
None of the Above
As per section 123 of Companies Act, 2013, Revenue Reserve like General Reserve, Reserve Funds , Retained Earnings etc can be used to pay the dividend to shareholders:
By: Vikas Goyal ProfileResourcesReport error
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