free reserves definition

free reserves means such reserves which, as per the latest audited balance sheet of a company, are available for distribution as dividend:
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free reserves means the free reserves as defined under Section 2 (43) of the Act.
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free reserves means the aggregate of the balance in the share premium account, capital and debenture redemption reserves and any other reserve shown or published in the balance sheet of a company and created through an allocation of profits not being a reserve created for repayment of any future liability or for depreciation in assets or for bad debts or a reserve created by revaluation of the assets of the company;
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Examples of free reserves in a sentence

  • CITIFUNDS TRUST I CITIFUNDS TRUST II CITIFUNDS TRUST III CITIFUNDS TAX FREE RESERVES CITIFUNDS FIXED INCOME TRUST CITIFUNDS MULTI-STATE TAX FREE TRUST CITIFUNDS TAX FREE INCOME TRUST CITIFUNDS INTERNATIONAL TRUST CITIFUNDS PREMIUM TRUST CITIFUNDS INSTITUTIONAL TRUST each on behalf of its series listed on Exhibit A attached hereto By: Xxxxxx X.

  • XXXXX XXXXX MUNICIPAL BOND FUND L.P. XXXXX XXXXX INVESTORS FUND XXXXX XXXXX GROWTH TRUST XXXXX XXXXX STOCK FUND XXXXX XXXXX SPECIAL INVESTMENT TRUST XXXXX XXXXX CASH MANAGEMENT FUND XXXXX XXXXX TAX FREE RESERVES XXXXX XXXXX GOVERNMENT OBLIGATIONS TRUST XXXXX XXXXX TOTAL RETURN TRUST XXXXX XXXXX INCOME FUND OF BOSTON XXXXX XXXXX PRIME RATE RESERVES XXXXX XXXXX SHORT-TERM GLOBAL INCOME FUND, INC.

  • TAX FREE RESERVES PORTFOLIO By: _______________________________ Name: Title: ANNEX I Not applicable.

  • Each of the Investment Companies Listed On Schedule A Hereto, Each of Which Is Acting On Its Own Behalf And Not On Behalf Of Any Other Investment Company WESTERN ASSET CONNECTICUT MUNICIPAL MONEY MARKET FUND WESTERN ASSET GOVERNMENT RESERVES FUND WESTERN ASSET LIQUID RESERVES FUND WESTERN ASSET TAX FREE RESERVES FUND WESTERN ASSET CA TAX FREE MONEY MARKET FUND WESTERN ASSET NY TAX FREE MONEY MARKET FUND WESTERN ASSET SHORT TERM YIELD FUND By: /s/ Xxxxxxx X.

  • TAX FREE RESERVES PORTFOLIO By:_______________________________ Name: R.


More Definitions of free reserves

free reserves means such reserves which, as per the latest audited balance sheet of a company, are available for distribution as Dividend. However, the following amount shall not be treated as free reserves:
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free reserves means free reserves as defined in definition No. 43 in Companies Act, 2013.
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free reserves means in the case of each Company the amount of any open reserves increased or reduced by the balance of profit and loss account existing at the beginning of any financial period.
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free reserves means such reserves which, as per the latest audited balance sheet of
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free reserves means those reserves which, as per the latest audited balance sheet of the company, are free for distribution as dividend and shall include balance to the credit of the securities premium account but shall not include share application money.
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free reserves means all reserves created out of the profits and share premium account but does not include reserve created out of revaluation of assets, write back of depreciation provisions and amalgamation;
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free reserves means all reserves credited out of the profit & loss account but does not include reserves credited out of re-evaluation of assets and write back of depreciation provisions.
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