Question

19)for capital reduction under internal reconstruction authorisation/ approval is required from
a) shareholders
b) articles of association
c) tribunal
d) all the above​

Answer 1

Explanation:

tribunal

Hope it helps

Plzzz follow me and mark my answers as brainliest

Answer 2

Answer:

To carry out capital reduction, authorization /approval is required from Tribunal

Explanation:

• The term "capital reduction" describes a decrease in the face value of the company's shares.
• This activity is done while the body is being rebuilt. The same is permitted under the articles and the memoranda, but a competent judge must approve it.

Tribunal:

• A tribunal is any individual or body with the power to hear, rule on, or resolve claims or disagreements.
• All problems of fact, law, or discretion that arise in any matter that is brought before a tribunal, including constitutional questions, may be decided by that tribunal.

Explanation for incorrect answers:

Shareholder:

• Anyone who holds at least one share of a company's stock or unit in a mutual fund is referred to as a shareholder.
• The firm is primarily owned by its shareholders, who also have specific rights and obligations.
• With this ownership structure, they can benefit from a company's success.

Articles of association:

• The articles of association are a legal document that outline the rules for how a company must conduct its business and describe the firm's mission.
• The document outlines how duties are to be carried out within the company, including the selection of directors and the management of financial records.

#SPJ3