Vidyalelo
Commerce · Q648

Accounting

Graduate and Post Graduate · Commerce · question 648

Q648

Which of the following is possible for a company under section 94 to alter its share capital

A.
Increase in share capital by issuing new shares
B.
Converting fully paid-up shares into stock
C.
Sub-division of share of larger denominations into smaller demonization
D.
Cancellation of shares to reduce share capital
Answer

Answer: Option D

Solution

Answer: Option D
No explanation is given for this question Let's Discuss on Board