What do you mean by redeemable and non – redeemable shares?
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redeemable shares are the shares issued on terms that company will or may buy these shares in future dates....
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Redeemable: Such preference shares can be claimed after a fixed period or after giving due notice.
Non-Redeemable: Such shares cannot be redeemed during the lifetime of the company, but can only be obtained at the time of winding up (liquidation) of assets.
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