According to sec. 100(1)(c) of the companies act, a company can pay back share capital which is in excess of need if: | Faculties

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Rakesh Kumar

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📊 Financial Accounting 2

Q. According to sec. 100(1)(c) of the companies act, a company can pay back share capital which is in excess of need if:

(A) authorized by articles
(B) confirmation of the court
(C) special resolution is passed to that effect
(D) all of the above

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✅ Correct Answer: (D) all of the above

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