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IN MAY 22 EXAM QUES 6.B i am not sure about the calculation given by icai in suggested ans.
Answers (5)
CA Suraj Lakhotia Admin
You need to check % post issue.
the shares with differential rights shall not exceed 26 % of total post issue including dvr. but in this case it is 33.33% (exceeds 26%) .. how the company can issue the shrs with dvr??