Top 50+ Solved Share Capital MCQ Questions Answer

From 31 to 37 of 37

Q. Within 30 days of completion of buy back company shall file the details with whom_________

a. Registrar

b. SEBI

c. Both a & b

d. None of the above

  • a. Registrar

Q. If buy back is made from free resources then what should be created __________

a. Debenture Redemption Reserve

b. Capital Redemption Reserve

c. Statutory liquid Ratio.

d. None of the above

  • b. Capital Redemption Reserve

Q. The premium amount that can be charged as per companies Act.

a. 10%

b. 15%

c. 20%

d. None of these

  • d. None of these

Q. A company to issue sweat equity shares must pass a.

a. Special resolution

b. Ordinary resolution

c. Unanimous resolution

d. None of these

  • a. Special resolution
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