Q1. What do you mean by Securities Premium? Illustrate any two uses of the Securities Premium Account as per the provisions of the Companies Act, 1956.
Q2. Describe the principles behind the making of capital redemption reserve account? Can dividend be declared out of this reserve?
Q3. What do you mean by Sweat Equity Share?
Q4. Illustrate the meaning of Right Share?
Q5. Describe the benefits of Consolidation of Financial Statement of a Holding Company and its Subsidiary Companies?