Exam 15: Formation and Capital Structure of Public Companies

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Preference shareholders are…………

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As per the companies Act, the interest on calls in advance is …………..

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A bundle of fully paid shares is called……………..

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. ………..of total issued amount of capital is called minimum subscription.

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In case of ……………..preference shares, the arrears of dividend are carried forward and paid out of the profits of the subsequent years.

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