Multiple Choice
If ABC Limited and DEF Limited are taken over by a new company AKSHAY Limited
A) it is called absorption
B) it is called Internal Reconstruction
C) it is called external reconstruction
D) It is called as Amalgamatiom
Correct Answer:
Verified
Correct Answer:
Verified
Q8: Accrued holiday remuneration becoming payable to any
Q9: In which case, liability arises from both
Q10: The unerwriting may be done by many
Q11: Unmarked applications are known as<br>A)Direct application<br>B)Applications issued
Q12: If broker find subscribers, he gets<br>A)Commission<br>B)Subscription<br>C)Brokerage<br>D)Non of
Q14: An additional commission is paid by the
Q15: When the entire issue is underwritten by
Q16: If the half of the issue of
Q17: Insolvent Companies Can Be Liquidated<br>A)Compulsory<br>B)Optional<br>C)Order<br>D)All the Above
Q18: Interest on debentures and unsecured loan is