a company limited by shares can issue redeemable preference shares only if it is aut 616981

1.A company limited by shares, can issue redeemable preference shares, only if it is authorized by its_______.
2.Redeemable preference shares cannot be redeemed unless they are_______.
3.Redeemable preference shares can be redeemed either out of the of _______ the company or out of proceeds of _______.
4.Premium on redemption of preference has to be provided either out of the _______ of the company or out of the _______.
5.An amount equal to the face value of the preference shares to be redeemed must be transferred to _______.
6.Capital redemption reserve can be utilized to issue fully paid _______ to equity shareholders.
7.Redemption of preference shares will not _______ the authorized.
8.U/s 80-5 (A) of the Companies Act, a company cannot issue irredeemable preference shares or shares which can be redeemed beyond a period of _______ years.
9.All the _______ profits are not included for the purpose of redemption.
10.After redemption, CRR will take the place of _______ share capital.
11.Bonus shares will not involve any _______ immediately.
12.Dividend equalization reserve is _______ profit.
13.Profit prior to incorporation is _______ profit.
14.Workmen’s compensation fund is _______ profit.
15.Securities premium A/c is _______ profit.
16.At times, “current assets” include (presumption) _______.
17.In case of calls-in-arrears, redeemable preference shares cannot be _______.
18.ABC Ltd. has issued 5,000 equity shares of Rs.100 each at a premium of Rs.20 each. For redemption, the amount that would be taken as “proceeds of fresh issue” is _______.
19.XYZ Ltd. has issued 5,000 8% preference shares of Rs.100 at a discount of 20% the amount for “proceeds of fresh issue” would be _______.
20.At times, reserve fund is also allowed to be transferred to _______.