XYZ Co. is a holding of XZ Pvt. Company. XZ Co. issued deferred shares. The issue is valid or void
A) Valid
B) Void
C) Situation does not arise
D) None of these
Correct Answer:
Verified
Q6: A statement in lieu of prospectus is
Q7: A company must inform the registrar about
Q8: Share premium amount is treated as the
Q9: A company can create 'reserve capital' by
Q10: The capital which is part of the
Q12: What is the maximum period for redemption
Q13: Capital redemption reserve must be used for
Q14: Part of the issued capital taken by
Q15: Part of authorized capital which is offered
Q16: Stamp duty on registration of the company
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