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प्रश्न
State any three purposes other than 'issue of bonus shares' for which securities premium can be utilized.
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उत्तर
As per the Section 78 of the Companies Act of 1956, the amount of securities premium can be used by the company:
1) To issue fully paid bonus shares to the members.
2) To write-off preliminary expenses of the company
3) To buy-back its own shares or other securities.
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