Financial and Management Accounting

1: Right shares can be issued at any time after the expiry of
A.

Two years from the formation of a company

B.
One year from the first allotment of shares in the company
C.

(A) or (B) whichever is earlier.

D.

(A) or (B) whichever is latter.

 

Answer : C

Explanation :

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Option: A

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