Under the scheme of buyback of shares , the company in order to perform its obligations , is required to open an ….account

Related MCQs

• Buyback of shares should not exceed ….percent of paid up capital and free reserve of the company.
• In case of buyback of shares by a listed company, the letter of offer to the shareholders shall be dispatched not earlier than –
• Capital Redemption Reserve Account and Securities Premium Account can be only for issuing fully paid Bonus Shares and not for making partly paid shares into ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• When company converts its equity shares into capital stock, the account to be credited is …
• On forfeiture of shares, which of the following account is credited with the amount of money already received on such shares?
• In case of inter-company holdings, the purchasing company, at the time of payment of the purchase consideration, surrenders the shares in the vendor company by crediting:
• A ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ company required to prepare its project and loss account according to Form B in the Schedule III to the Banking Regulation Act.
• Acceptances, endorsements and obligations on behalf of a customer will be shown as ----- in the balance sheet of a company.
• At present, a company limited by shares cannot issue …..preference shares
• Acceptance, endorsements and other obligations come under the head…