Question

(a) The Assets side of the Balance Sheet of a loss-making or sick company shows many
(b) There may be a heavy debit balance in the Profit & Loss Account of a sick company
(d) In external reconstruction, a new company is formed to take over the business of the
(c) Internal Reconstruction is governed by the Insolvency and Bankruptcy Code
(d) External reg
2. Which of the following statements is false?
or Fictitious Assets
accumulated losses of past years
company
cubdivision of share capital of the company involves -

Answer 1

Answer:

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