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Commerce · Q906

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 906

Q906

Reduction of share capital of a company can be effected by:

A.
Reducing the amount of authorised capital of the company
B.
Reducing face value of the shares is used
C.
Paying off paid up share capital which is in excess of requirement
Answer
D.
Cancelling paid up share capital which has been lost over the years

Answer: Option C

Solution

Answer: Option C
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