Question:
Securities premium cannot be used:
Securities premium cannot be used:
Updated On: Apr 19, 2024
- for issuing fully paid Bonus shares
- to write-off preliminary expenses of the company
- to pay premium on redemption of shares or debentures of company
- to pay dividend to the shareholder of company
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The Correct Option is D
Solution and Explanation
The correct option is (D):to pay dividend to the shareholder of company
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