Redemption of preference share

Accountancy

When the question that issue (marked)can I assume it as sec 133 company eventhough it is not mentioned in the question

Lakki Kamu

CA Final

★ 4K+

08-Oct-21 13:14

620

Answers (3)

Yes

CA Suraj Lakhotia

Admin

08-Oct-21 14:23

CA Suraj Lakhotia Admin

Yes

Sir then I can take issue price(f.v+premium) as base for no.of fresh shares to be issue

Thread Starter

Lakki Kamu

CA Final

★ 4K+

08-Oct-21 14:25

Thread Starter

Lakki Kamu

Sir then I can take issue price(f.v+premium) as base for no.of fresh shares to be issue

No, that is only to be taken when fresh issue if for arranging funds.

Sahibdeep Singh

CA Inter

★ 14K+

08-Oct-21 15:23