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Which of the following securities is not redeemable

This question belongs to Commerce Business And Commerce
Business and Commerce
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Which of the following securities is not redeemable?

Answer & Solution
Correct Answer: Option A
Equity shares securities is not redeemable. Issuing redeemable equity shares would mean company is willing to pay back entire amount of the money invested by the equity shareholders. Hence, the companies act does not allow the equity shares to be redeemed.
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