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Commerce · Q1932

Accounting

Graduate and Post Graduate · Commerce · question 1932

Q1932

As per section 55 of Companies Act 2013, the redemption of preference shares can be made:

A.
Out of profits available for dividend
B.
From the issue of new shares
C.
Partially from available profits and partially from issue of new shares
D.
All are correct
Answer

Answer: Option D

Solution

Answer: Option D
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