5 Questions
What is the time period permitted for delivery of Certificates of Securities?
60 days from the date of allotment
What is the prohibition on issue of Shares at a Discount?
Shares cannot be issued at a discount except in certain cases specified in the Companies Act
What is the purpose of the Capital Redemption Reserve Account?
To provide a buffer against capital losses on the redemption of preference shares
What is the concept relating to Further issue of Share Capital?
It refers to the issuance of shares to existing shareholders in proportion to their existing holdings
What is the purpose of Sweat Equity Shares?
To reward employees for their hard work and dedication
Test your knowledge of share capital and debentures with this quiz covering topics such as kinds of share capital, issue of share certificates, voting rights, variation of shareholders' rights, calls on unpaid shares, and delivery of certificates of securities. Assess your understanding and enhance your learning outcomes in this important area of corporate finance.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
