A company can issue Redeemable Preference shares, if authorized by

Related MCQs

• A company can issue redeemable preference shares if authorized by
• A company can issue bonus shares if authorized by
• Auditor should see that amount received for premium on issue of shares should be shown in
• Premium received on issue of shares, later forfeited, should be transferred to
• Auditor should see that amount received for premium on issue of shares should be shown in
• Issue of shares at discount should be sanctioned by the ________________
• Discount on issue of shares not written of is shown separately in Balance sheet under the head_____________
• Discount on issue of shares is shown under the --------------- lead
• If reissue of shares are more than face value of shares, the excess amount is transferred to ---------- account.
• ---------------- shares cannot be issued if the company makes any default in the payment of its obligation