Examples of Distributable surplus in a sentence
Distributable surplus available as per the Companies Act, 2013 as amended from time to time and Regulations.
Accordingly, money back option/ SWP shall not be processed for a particular month in which record date for payment of dividend is fixed before 28th of the said month and Distributable surplus is available on record date for payment of dividend.
The introduction of NRMM into the UN Regulations would increase the workload of the World Forum and its secretariat.
Accordingly, Money Withdrawal Facility shall not be processed for a particular month in which record date for payment of dividend is fixed before 28th of the said month and Distributable surplus is available on record date for payment of dividend.
Distributable surplus is defined as BC Hydro’s consolidated Net Income12 for the year less finance charges capitalized5 during the year net of depreciation charged13 on capitalized finance charges.