Accountancy, asked by rushicc2000, 5 months ago

The period of preference shares cannot exceed ....

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Answered by senapatijuri8

Answer:

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Explanation

A company cannot issue redeemable preference shares for a period exceeding 20 years. A company may issue preference shares which are liable to be redeemed within a period not exceeding twenty years from the date of their issue under section 55 of the Companies Act 2013.

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