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Section 55 - Issue and redemption of Preference Shares: A company limited by shares: o Cannot issue irredeemable preference shares, o can issue preference shares redeemable within a period up to 20 years (if authorized by articles), o can issue preference shares for more than 20 years and up to 30 years for infrastructure projects (provided redemption of a minimum 10% of such preference shares per year from the 21st year onwards or earlier) Section 71 - Conditions for issue of Debentures: Tenure for secured Debentures: · Maximum 10 years · Exceptions : allowed up to 30 years for: Company setting up infra projects Infrastructure Finance Company (NBFC-IFC) Infrastructure Debt Fund (NBFC-IDF) Company permitted by Govt./RBI/NHB
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In MS-Word 2016, the ‘Aa' feature within the Font group of the Home tab represents the ________ option.
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SBI Mutual Fund disclosed its intention to acquire a specific share percentage in IndusInd Bank, along with an equivalent percentage of voting rights. W...
The Khajuraho Group of Monuments is a UNESCO World Heritage Site located in-
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