Define Cumulative Preference share.

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Vinuta Bhujang

Saraswati Nrutya Shale

Preference shares are the one who have preference over the equity shares in payment of dividends as well as repayment of the amount in case if winding up of the company. Cumulative Preference Shares: Cumulative preference shares are the one where the unpaid dividend amount gets accumulated for being...
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Preference shares are the one who have preference over the equity shares in payment of dividends as well as repayment of the amount in case if winding up of the company. Cumulative Preference Shares: Cumulative preference shares are the one where the unpaid dividend amount gets accumulated for being paid subsequently. read less
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