Which of the following statement is false:
A) buy back must be authorised by articles of company
B) a special resolution must be passed for buy back
C) shares can be partly paid up
D) the ratio of debt owed by the company is not more than twice the capital and its
Correct Answer:
Verified
Q15: Cash Price =
A)hire purchase price - total
Q16: Which of the following statement is false:
A)a
Q17: Which of the following are the characteristics
Q18: Share application and allotment account is a:
A)personal
Q19: Securities premium account is shown on the
Q20: As per section 78 of the companies
Q21: The portion of the authorised capital which
Q23: If shares are bought back out of
Q24: Maximum buy back limit in any year
Q25: Which of the following statement in false:
A)bonus
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