Economics · Corporate Accounting
According to corporate accounting rules, partly paid-up preference shares can be redeemed only after:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Getting prior permission from the National Company Law Tribunal (NCLT)
- 2Obtaining unanimous consent from the Board of Directors
- 3Passing a special resolution in the General Body Meeting
- 4Making them fully paid-up✓
Correct answer
Making them fully paid-up
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