alleryStart learning →The ban on voting rights applies to which security of a company?
AOrdinary equity shares
BCompany debentures
CPreference shares
DSweat equity shares
Answer & Solution
Correct answer: B. Company debentures
Section 71 forbids any debentures carrying voting rights.
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Related questions
Investors were historically given what as evidence of share ownership?Putable preference shares let the holder, in some conditions, to:On liquidation, a preference share's claim is relative to common stock:Most preference shares carry which voting position?Convertible preference shares can be exchanged by holders for:Non-cumulative preference dividends, if unpaid in a year:Preference shares usually rank for dividend payment:A cumulative preference share means unpaid dividend will: