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प्रश्न
Give any four types of Preferences shares.
उत्तर
- Non-Cumulative Preference Shares: Preference: Shares do not accumulate dividends in arrears. Non-cumulative preference shares provide dividends based on corporate profits in the current year. If a corporation does not produce a profit in a given year, shareholders do not get dividends and cannot claim dividends in subsequent years.
- Cumulative Preference Shares: Cumulative preference shares allow shareholders to receive cumulative dividends even when the company is not profitable. Dividends will be paid in arrears during non-profit years and cumulatively in the following year when the company makes profits.
- Redeemable Preference Shares: Redeemable preference shares allow the issuing business to repurchase or redeem the shares at a specified rate and date. These shares protect the corporation from inflationary pressures.
- Non-redeemable Preference Shares: Non- redeemable preference shares are those shares that cannot be redeemed for the entire lifetime of the company. In other words, these shares can only be redeemed when the firm is wound up.
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संबंधित प्रश्न
Jain Ltd. purchased Building for Rs 10,00,000 from Gupta Ltd. 10% of the payable amount was paid by a cheque drawn in favour of Gupta Ltd. The balance was paid by issue of Equity Shares of Rs 10 each at a discount of 10%.
Pass necessary Journal Entries in the books of Jain Ltd.
A person who purchases shares of a company is known as _______ of the company.
Write a word or terrn or phrase which can substitute each of
the following statements:
The value of share which is determined by demand and supply forces in the share market.
Match the correct pairs.
| Group A | Group B | ||
| a) | Equity share capital | 1) | Link between depository and investor. |
| b) | Transfer of shares | 2) | Redeemable capital. |
| c) | Depository participant | 3) | Optimistic about rise in prices of securities. |
| d) | Bonus share | 4) | Conversion into equity shares. |
| e) | Bear | 5) | Capitalisation of profit. |
| 6) | Sale or gift of shares to another person. | ||
| 7) | Pessimistic about fall in prices of securities. | ||
| 8) | Permanent capital | ||
| 9) | Transfer of shares by operation of law. | ||
| 10) | Link between SEBI and depository. |
Fully convertible debentures are converted into __________ shares on maturity.
A limited company offered for subscription of 1,00,000 equity shares of Rs 10 each at a premium of Rs 2 per share. 2,00,000. 10% Preference shares of Rs 10 each at par. The amount on share was payable as under :
|
|
Equity Shares |
Preference Shares |
|
On Application |
Rs 3 per share |
Rs 3 per share |
|
On Allotment |
Rs 5 per share |
Rs 4 per share |
|
|
(including a premium) |
|
|
On First Call |
Rs 4 per share |
Rs 3 per share |
All the shares were fully subscribed, called-up and paid. Record these transactions in the journal and cash book of the company:
State, with reasons, whether the following statement is True or False
Handling demat shares is very time consuming.
Explain the features of preference shares.
Which type of shares cannot be issued as per the Companies Act, 2013?
Which type of shares is not convertible?
