According to section 52 of the Companies Act, 2013, the amount in the Securities Premium A/c cannot be used for the purpose of :
CS Executive · Corporate and Management Accounting · PYQS · June 2021
According to section 52 of the Companies Act, 2013, the amount in the Securities Premium A/c cannot be used for the purpose of :
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Corporate Accounting
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