Business Studies, asked by davinderdeol4424, 7 months ago

The term 'redeemable' is used for

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Answered by shrutijha0804

Answer:

The term 'redeemable' is related to preference shares. It implies the amount of preference shares which is repaid by a company after a certain specified period of time. Such repayment to preference shareholders is made in accordance with the terms specified in Section 80 of the Companies Act, 1956

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