6 Questions
What is the maximum limit for redeemable preference shares for non-infrastructure companies?
20 years
What is the purpose of a capital redemption reserve account?
To redeem preference shares
What is the minimum requirement for debenture redemption investment for unlisted companies other than AIFIs, banking companies, financial institutions, unlisted NBFCs, and HFCs?
15%
What is the maximum limit for redemption of irredeemable preference shares for non-infrastructure companies?
20 years
What is the minimum percentage of debenture redemption investment required for unlisted companies other than AIFIs, banking companies, financial institutions, unlisted NBFCs, and HFCs?
15%
What is the purpose of the capital redemption reserve account?
To issue fully paid bonus shares to shareholders
Test your knowledge of securities regulations with this quiz on accounting for bonus and right issues, completion of bonus issues, and redemption of preference shares. Learn about the maximum limits for non-infrastructure and infrastructure companies, and the requirements outlined in Section 55. Brush up on your understanding of the Securities and Exchange Board of India's regulations and see how well you know these important topics.
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