Question
A company decides to raise money by issue of preference
shares. As per the Companies Act, it can issue preference shares with a maximum tenure of ________, or ________ if it is an infrastructure company.Solution
As per Section 55 of the Companies Act, 2013: • Prohibits issue of irredeemable preference shares  • Preference shares must be redeemed within 20 years from the date of issue. • Exception: Companies engaged in infrastructure projects may issue preference shares redeemable up to 30 years, subject to prescribed conditions. Section 55 ensures that preference shares function as a hybrid instrument, not perpetual debt
If the income of Marco is doubled and his expenditure remains the same, then he saves Rs. 70,000 more than his original savings. What will be the saving...
If 60% of salary of ‘C’ is equal to 45% of salary of ‘D’, then find the salary of ‘C’ is how much percentage of salary of ‘D’.
...If 65% of income of ‘M’ is equal to 52% of income of ‘N’, then find the income of ‘M’ is how much percentage of income of ‘N’.
...- The salaries of Neeraj, Tarun, and Karan are in the ratio 10:9:6. Their savings follow the ratio 5:3:2. If Tarun’s savings are Rs. 13,500, which is 30% o...
 A factory employs three types of workers: skilled, semi-skilled, and unskilled. Skilled workers earn an average monthly salary of 40,000, semi-skilled...
- In 2020 when his income was Rs. 25,000, Arjun spent 30% of his income and saved the rest. In 2021, if his income increased by 15% and his expenditure incre...
- The monthly incomes of Pawan, Qureshi, and Ram are in the ratio of 4:7:5, while their monthly expenditures are in the ratio of 5:4:8. Pawan earns Rs. 2,800...
What is the difference in the incomes of Pooja and Payal if their savings are Rs. 1000 and Rs. 500, respectively, and their income-to-expenditure ratios...
Raman's earnings have gone up by 12.5%. While maintaining the same level of expenditure, his savings have increased by 50%. Determine the percentage of ...
- The profit of a business increased by Rs. 300. If the old profit was 30% less than the new profit, then the old profit was:
