Multiple Choice Questions on Provisions relating to right issue of shares as contained in Section 62 of the Companies Act 2013 ap........... for Employee State Insurance Corporation (ESIC) Exam Preparation

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Multiple Choice Questions

Provisions relating to right issue of shares as contained in Section 62 of the Companies Act 2013 ap...........

Principles of Accounting & Financial Management Bonus and Right issue
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    Provisions relating to right issue of shares as contained in Section 62 of the Companies Act, 2013 applies to -…….

    Company not having share capital
     

    Incorrect Answer

    All companies

    Incorrect Answer

    Company having a share capital
     

    Correct Answer

    Both (A) and (C)

    Incorrect Answer
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    Explanation:

    Answer:
    Company having a share capital

    In simple terms, Right issue of shares means offer of shares to all the existing Equity or Preference shareholders of the Company in proportion to their existing shareholding in the Company

    By: NIHARIKA WALIA
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