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TOPIC 4: REDEMPTION OF SHARES

TOPIC 4: REDEMPTION OF SHARES. Company are only allowed to redeem preference share only. Redeemable Preference share issued with an intention to buy back shares at par or premium within the specific time (Sec 67A) Entitled to receive dividend until the date of redemption

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Redemption xx - PowerPoint PPT Presentation

TOPIC 4: REDEMPTION OF SHARES