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CA Foundation doubt

1)Should we consider preference share capital while finding out if a company is a goverment company or not? 2) What should we do if a company has convertible preference shares?

Asked by Raghav15 Jun 2024364 views

3 answers

  1. Raghav · 15 Jun 2024

    Like if a company has convertible preference shares...should we consider it as paid up capital for ascertaining whether it is a government company or not?

  2. Shreejeet · 15 Jun 2024

    2) didn't understand your question

  3. Shreejeet · 15 Jun 2024

    1) ownership of company depends on voting rights, as preference shares don't hold voting rights it is not considered

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