Question

public limited company cannot issue
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Answer 1

Answer:

Deferred shares are those shares that does not have any rights to the assets of the company undergoing bankruptcy until equity and preference shares are paid off. Public limited company's are not allowed to issue such shares.

Answer 2

Answer:

Deferred shares are those shares that does not have any rights to the assets of the company undergoing bankruptcy until equity and preference shares are paid off. Public limited company's are not allowed to issue such shares.