Preferential shares with reference to any company limited by shares, means that part of the issued share capital of the company which carries or would carry a preferential right with respect to_________________
Companies Act Section 43. Kinds of share capital: (ii) “preference share capital”, with reference to any company limited by shares, means that part of the issued share capital of the company which carries or would carry a preferential right with respect to— (a) payment of dividend, either as a fixed amount or an amount calculated at a fixed rate, which may either be free of or subject to income-tax; and (b) repayment, in the case of a winding up or repayment of capital, of the amount of the share capital paid-up or deemed to have been paid-up, whether or not, there is a preferential right to the payment of any fixed premium or premium on any fixed scale, specified in the memorandum or articles of the company.
Statements: All watches are wall clocks.
Some wall clocks are calculators.
Conclusions: I. No watch is a calculator.
II. Some cal...
In the following question, three statements are given each followed by four conclusions I, II, III and IV. You have to consider the statements to be tru...
Statements:Some fishes are octopus.
All octopuses are crocodiles.
Some crocodiles are families.
Conclusions:I. some crocodiles are ...
Statements:
Some chalks are wires.
No wire is pole.
Some poles are irons .
Conclusions:
I. No pole is a wire.
...Statement:
Some cables are wires.
All wires are plugs.
Conclusion:
Some cables are plugs.
All wires are plugs.
Statements:
Some mats are bedsheets.
All bedsheets are chairs.
Some chairs are desks.
Conclusions:
I. Some desk...
Statement : 75 % Minutes are Watch
Few Watch are Hour
All Hour are Month
Conclusion
I. Mostly Minutes are hour
...Statements :
All SBI is RBI.
Only a few RBI is UCO.
Only a few UCO is UGB.
No UGB is IDBI.
Conclusions :
I...
Statements:
Only a few player is team
Only a few team is sport
No sport is game
Conclusions:
I. All team can be playe...
Statement : All books are pens.
Some pens are desks.
No desk is a chair.
Some chairs are tables.
Conclusion:
I. So...
