Accountancy, asked by sonujaoswal15, 6 months ago

which of the following can be utilized for redemtion of preference share​

Answers

Answered by ridahussain86
5

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As per Sec 80 of the Companies Act, preference shares can only be redeemed out of profits of the company which would otherwise be available for dividend or out of the proceeds of a fresh issue of shares made for the purpose of redemption.

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Answered by HELPERMATEMannat
2

Answer:

same answers as ridhahussain86

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