24. Reduction of share capital of a company means reduction in
(a) Only called up share capital
(b) Subscribed and/or paid-up share capital
(c) Only authorised capital
(d) Only uncalled share capital
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In such a case, reduction of share capital may be effected by cancelling Rs. 25 per share and writing off similar amount of assets. paying off any paid-up share capital which is in excess of the wants of the company, Example- shares of face value of Rs.
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pls mark me brainliest answer =c
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