For redemption of preference shares, proceeds from fresh issue of equity shares and debentures can be utilized. [Jan. 2025, 2 Marks]
Options
A
B
C
D
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Company AccountsQ-4 | Redemption of Preference SharesQuestion 4923 of 112
All Questions Correct Answer
✅ Option — Correct Option
All Options:
- A
- B
- C
- D
Detailed Solution & Explanation
False: For redemption of preference shares, only proceeds from fresh issue of equity shares
can be utilized.
PRACTICAL QUESTION
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