BANK SEBI Grade A Phase 1 & Phase 2 Mock Test 2024 Legal Aspects of Business The Companies Act, 2013
Considering Section 61, which type of share capital restructuring involves merging shares into larger denominations and what strategic advantage might this confer to a company?
1
Sub-division; improves liquidity by making shares more affordable.
2
Cancellation; eliminates unused share capital.
3
Increase in Share Capital; broadens capital base.
4
Consolidation and Division; enhances share value management and reduces administrative complexity.
5
Issuing Additional Shares; attracts new investors.