A company is running a loss in the current year, can the company declare dividend?how?

From the retained earning or reserves, the Company can issue Dividend depsite it faces operational losses.

Dividends must be declared from the "PROFITS" as per Security & Exchange Commision Regulations if the company is a limited liability listed company.

In case of simple partnership business , partners can draw out of company resources and it should be considered as "Drawings" rather than "Dividend Declaration"