Economy, asked by medamsumanth, 7 days ago

In a stock corporation due to economic crisis, last annual balance sheet shows that half of the capital and legal reserves are no longer covered to due to losses. Hereupon Board of Directors called a general meeting and offered an increase in capital. Is GA bound with this offer? If the amount were two-thirds, would the legal situation change

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Answered by bhagzmedez

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Answer:

Explanation:

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