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state any one purpose for which securities premium reserve account can be utilised
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state any one purpose for which securities premium reserve account can...
•For writing of preliminary expenses, underwriting commission etc.
•for buy back of its own shares.
Community Answer
state any one purpose for which securities premium reserve account can...
There are three ways in which we can use Securities premium account.

1. buy back shares
2. bonus shares
3. writing off preliminary expenses
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state any one purpose for which securities premium reserve account can be utilised
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state any one purpose for which securities premium reserve account can be utilised for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about state any one purpose for which securities premium reserve account can be utilised covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for state any one purpose for which securities premium reserve account can be utilised .
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