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The time 2009 stands as a defining reminder of the devastating impact of the financial crisis . Following the collapse of major financial institutions and a extensive disruption in credit borrowing, numerous individuals and businesses faced financial hardship. State intervention

nine. Preference shares including high quality been given on difficulty, shall be classified and offered as ‘Equity’ or ‘Legal responsibility’ in accordance with the requirements from the relevant Indian Accounting Criteria. Appropriately, the disclosure and presentation requirements in thas regard

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