Business Studies, asked by bishtchandan84, 4 months ago

What are the conditions for the redemption of redeemable preference share?

Answers

Answered by palak09069785
3

Answer:

Fully paid-up preference shares can only be redeemed. Preference shares can be redeemed only out of the profits available for distribution to its shareholders or out of proceeds of fresh issue of Shares solely for the purpose of funding the redemption of the preference shares.

Answered by Anonymous
3

Answer:

Fully paid-up preference shares can only be redeemed. Preference shares can be redeemed only out of the profits available for distribution to its shareholders or out of proceeds of fresh issue of Shares solely for the purpose of funding the redemption of the preference shares.

hope it helps you✌✌☺☺

Similar questions