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What happens to your shares after bankruptcy of Bombay Company Inc?
Wiki User
∙ 15y ago
It depends on what plan of organization is eventually confirmed, but they will probably be worthless.
Wiki User
∙ 15y ago
In the case of a bankruptcy of Bombay Company Inc., the company's assets would be liquidated to repay its creditors. Any remaining funds would be distributed among the shareholders based on their proportionate ownership. However, it is important to note that the value of the shares may become significantly diminished or even worthless, as the company's financial obligations are prioritized over the interests of shareholders in a bankruptcy proceeding.
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Should you sell your shares if the company will declare bankruptcy?
Yes! Lehman's downfall brought the common stock down 94% that day. Then a few days later the shares will be rendered worthless as the bankruptcy proceedings continue.
What are the characteristics of preference shares and ordinary shares?
Preferred shares in a company represent a larger interest in the company than common shares do. Preferred shareholders are paid dividends first, regularly and typically at a higher rate than common shareholders, and if the company declares bankruptcy they have priority over common shareholders who are last in line to get paid.
Functions of Bombay stock exchange?
shares buying and selling...
What happens when company stock shares decrease?
i dont know hehehehe sorry...
What happens to put options when a company goes bankrupt?
What happens is the put writer gets hosed. If a company goes into Chapter 7 bankruptcy, all its stock becomes worthless. Unfortunately for the people who wrote put options on the company's stock, those do NOT become worthless. If the put buyer decides to exercise the option - and he will - the writer has to buy all those shares of worthless stock at the strike price.
Which ofthe following happens when a company goes public?
It begins selling shares of stock in a public stock
Do market shares burden the company?
Market Shares depend upon the company prices. If market down then company shares will be down. Then its true that market shares is always burden for the company.
When will be shares of nath biogene listing on Bombay stock exchange?
It has listed yesterday (Jan 28th)
Gives you the latest definition of privatization?
Privatisation happens when somone bought outa company shares listed in the stock exchange and delisted the company from that exchange.
What happens to the stock of my company when it is bought out?
You will either receive a cash payout for your stock or receive shares in the new company in some ratio for your existing stock.
When did AIG file bankruptcy?
AIG did NOT file bankruptcy. It was bailed out by the Federal government, who now owns 79.9% of the company (just shy of the 80% needed to formally put it on Uncle Sam's books). Past stockholders--or whoever bought shares from them--still own the rest, unlike a true bankruptcy such as GM or Chrysler.
What is the position of an applicant for shares bofore allotment and after allotment of shares?
Before allotment of shares position is Applicant. He doesnt owner of the company. He do not have any rights on company profits and he is not liable for company liabilities. After allotment of shares he become Share Holder. He has right to get company profits. He is the owner of company. He is liable of company liabilites to the extent of his shares.
