Question

(d) 30 years
Partly paid preference shares can be redeemed after :
(a) Taking due permission from Central Government
(b) Taking permission from NCLT
(c) Making then fully paid
(d) Passing a special resolution in the general meeting.
Which of the
3​

Answer 1

Answer:

the correct option is c because the partly paid preference shares cannot be redeemed we have to make a final call to make them fully paid