📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      What are the various types of share capital of a company

      limited by shares?
      A Equity shares Correct Answer Incorrect Answer
      B Preference shares Correct Answer Incorrect Answer
      C Equity shares with differential voting rights Correct Answer Incorrect Answer
      D Both a & b Correct Answer Incorrect Answer

      Solution

      Companies Act Section 43. Kinds of share capital- The share capital of a company limited by shares shall be of two kinds, namely:— (a) equity share capital— (i) with  voting right ; or (ii) with differential rights as to dividend, voting or otherwise in accordance with such rules as may be prescribed; and (b) preference share capital.

      Practice Next

      Relevant for Exams:

      ask-question