Right issue means issue of shares to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Related MCQs

• The rate of discount on issue of shares should not exceed …. % of the nominal value of shares.
• At present, a company limited by shares cannot issue …..preference shares
• Right shares are those shares which are issued to
• Those preference shares which do not carry the right of share in excess profits are known as ------- preference shares.
• No company limited by shares shall issue any preference share which is redeemable after the expiry of …….. years from the date of issue.
• Section …… of the Companies Act 2013 deals with the issue of right shares
• On forfeiture of shares, which of the following account is credited with the amount of money already received on such shares?
• Alteration of shares of smaller amounts into shares of larger amount is called…..of share capital
• Alteration of shares of larger denominations into smaller denominations is called -------- of shares.
• Alteration of shares of smaller amounts into shares of larger amount is called ……….