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Those preference shares which do not carry the right to receive arrears of dividend:

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Question

Those preference shares which do not carry the right to receive arrears of dividend:

Options

  • Non-participating Preference Shares

  • Irredeemable Preference Shares

  • Non-convertible Preference Shares

  • Non-cumulative Preference Shares

MCQ
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Solution

Non-cumulative Preference Shares

shaalaa.com
Share Capital - Issue and Allotment of Preference Shares
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