The Buy Back of equity shares is governed by________________ of Companies Act

Related MCQs

• Preference shares, in case the holders of these have a right to convert their preference shares into equity shares at their option according to the terms of issue, such shares are called :
• Buy back of equity shares should be recorded in the final cash flow statement under:
• A company issued 2000 equity shares which were underwritten by A. The company received applications for 2400 shares. Hence A will get his commission on the issue price of
• If applicants for 80,000 shares were allotted 60,000 shares on prorata basis, the shareholder who was allotted 1,200 shares must have applied for :
• Banking companies are governed in India by ……….
• A company registered with Registrar of Companies under Indian Companies Act is called as………..
• Buy Back refers to______________
• Buy Back must be completed within_______________
• Buy Back must expenses may be treated as_________________
• In case of Buy Back at a discount the amount of discount is transferred to _________________