Accountancy, asked by flamehunter766, 1 day ago

prefrence share can be redeemed in​

Answers

Answered by bamanedhanashree123
1

Answer:

As per Sec. 80 of the Companies Act, preference shares can only be redeemed out of profits of the company which would otherwise be available for dividend or out of the proceeds of a fresh issue of shares made for the purpose of redemption

Explanation:

Previous Question
Next Question
Similar questions
Physics, 21 hours ago
Fill in the black 1. __is the smallest Unit of an element which may are may not have an independent existence 2. The space between the molecular of a substance is called ____ 3. The molecular are in__ motion 4. The force of attraction that exists between similar kind of molecules is called______ 5. gase have the ____intermolucalar force​...
Economy, 21 hours ago
35.Find the odd word out: Calories intake:Single choice. (1 Point) 2400 1800 2100 2250​...
Social Sciences, 21 hours ago
what is national income​...
Science, 1 day ago
identity iam prepared by haber's process using nitrogen. iam mostly used in the manufacture of fertilizers. who iam​...
English, 1 day ago
what is a" dust of snow "? what dies the poet say has changed his mood ? how has the poet' s mood changed ? (chatter 123438 ) apni maa se jaakar same question puch lena , answer aati nhi to maat do , ye sab mat bola karo​...
Math, 7 months ago
please tell 13 answer urgently​...
Physics, 7 months ago
T.E = K.E + ____________ ​...
Physics, 7 months ago
Red light is generally used to observe diffraction pattern from single slit. If green light is used instead of red light, then diffraction pattern: chee (1) Will be more clear (2) Will be contract (3) Will be expanded (4) Will not visualize​...