Question : A company may issue __________.
Option 1: Equity shares
Option 2: Preference shares
Option 3: Equity and preference share
Option 4: None of the above
Correct Answer: Equity and preference share
Solution : Answer = Equity and preference share
A company can issue equity and preference shares. Section 43 of the Companies Act, 2013, categories share capital of a company broadly into two types or classes:
Hence, the correct answer is option 3.
Question : Preference shares, in case the holders of these have the right to convert their preference shares into equity shares at their option according to the terms of issue, such shares are called _______.
Question : Preference shares provide the right to:
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