REDEEMEPTION OF PREFERENCE SHARES
santhuamma415@gmail.com (223 Points)
20 October 2018santhuamma415@gmail.com (223 Points)
20 October 2018
prasad Nilugal
(3914 Points)
Replied 20 October 2018
Anjali Kolse
(103 Points)
Replied 20 October 2018
prasad Nilugal
( GST Practitioner & Accounts )
(14165 Points)
Replied 20 October 2018
Redemption is not taken to mean reduction of Authoried Capital of the Company , redemption dose not lead to reduction of atual capital . When company issue redemeable preference share , as per company act libale to redem within period of 20 years form the date of issue . For payment of such liabilities we have to transfer out of profit to CRR.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"