Start learning 50% faster. Sign in now
The assertion that 'Securities Premium Reserve' can be distributed as dividend is false. According to section 52 of the Companies Act, the amount in the securities premium reserve cannot be distributed as dividends. It can only be used for specific purposes such as issuing fully paid bonus shares, writing off preliminary expenses, and buy-back of shares, among others. Therefore, the reason correctly explains that the securities premium reserve cannot be used for dividend distribution and can only be used for the specified purposes under section 52.
Total number of viewers of Zee News in the year 2011 is approximately how much % less than the total number of male viewers of Zee News over all...
What is the labeled price of the article?
I. The profit earned would be 20% if no discount is offered.
II. The SP after offering 10% disco...
If the players of Chennai Super Kings is increased by 42, find the players of Chennai Super Kings is approximately what percent of players of Kings XI P...
What was the difference between the number of viewers of NDTV in the year 2013 as compared to previous year?
...The number of schools redeveloped in state A and E is approximately how much percent less than the number of school constructed in state in B and D toge...
What was the ratio between the total number of female viewers of Aaj Tak in the year 2008 and 2009 and the total number of male viewers of the s...
Is a two-digit number divisible by 5 ?
I.The sum of the two digit of the number is 7.
II. The product of the two digits of the number is ...
What is the ratio of the number of schools(constructed, destroyed, redeveloped ) in state B to that of the number of schools(constructed, destroyed, red...
What is the smallest number of the six numbers?
I.The average of six consecutive odd numbers is 8.
II. The s...
In which year was the difference between the number of male viewers and the female viewers of the Times Now is the highest?