A person holding preference shares of a company cannot hold equity shares of the same company. [July 2021, 2 Marks]
Options
A
B
C
D
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Company AccountsQ-8 | Introduction to Company AccountsQuestion 4888 of 112
All Questions Correct Answer
✅ Option — Correct Option
All Options:
- A
- B
- C
- D
Detailed Solution & Explanation
False: A person can hold both equity and preference shares of the same company as per
Companies Act, 2013.
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