Securities premium Reserve can be utilised ___
A. to return excess money received on application
B. to write off preliminary expenses
C. to issue partly paid bonus shares
D. for premium paid on Redemption of Debentures or preference shares
E. for buy back of shares
Choose the correct answer from the options given below:
Held on 30 Aug 2022 · Verified 13 Jul 2026.
A, B, C only
B, C, E only
C, D, E only
B, D, E only
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Amount of discount allowed on the reissue of forfeited shares cannot exceed the amount that has:-
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