CUET Accountancy - Which company doesn't restricts the right to transfer its shares? | PYQs + Solutions

CUET Accountancy 2025 22 May Shift 1

Company Accounts

Easy

common

Non-Profit Making Company

A Private Company

A Public Company

Both Private and Public Company

✅ Correct Option: 3

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It is available only for the creditors on winding up of the company.

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The balance of the share forfeiture account is shown in the balance sheet under:

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The maximum amount of discount on the re-issue of forfeited shares will be:-

CUET Accountancy 2025 22 May Shift 1 PYQs