What is Capital Reduction? State the provisions of the Companies Act in regard to the reduction of

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What is Capital Reduction? State the provisions of the Companies Act in regard to the reduction of share capital.

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Corporate Accounting

ISBN: 9789353160739

1st Edition

Authors: Anita Raman, P. Radhika

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Question Posted: Sep 01, 2023 11:49 PM

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What is Capital Reduction? State the provisions of the Companies Act in regard to the reduction of

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Capital reduction is a corporate financial process in which a company reduces the nominal or par value of its shares or the total number of shares outstanding This is typically done to restructure the ...View the full answer

Corporate Accounting

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