Question:
As per the provisions of Section 52 of the Companies Act, 2013, the balance in the security premium account cannot be utilised for
As per the provisions of Section 52 of the Companies Act, 2013, the balance in the security premium account cannot be utilised for
Updated On: Aug 4, 2024
- Issue of fully paid-up bonus shares
- Capital losses
- Payment of dividend
- Writing-off discount on issue of shares
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The Correct Option is C
Solution and Explanation
The correct option is (C):Payment of dividend.
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