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investment allowance reserve, capital reserve received in cash, security premium received in cash,capital redemption reserve,

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Q: What are free reserves under companies act 1956?
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Free reserves under S372A of the companies Act 1956 whether includes capital reserves?

No, Capital reserves cannot be part of free reserves under S372A of Companies Act 1956.


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Type your answer here... Free reserves are those reserve which are not made for particular reason.it is freely available for distribution of the dividends.


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