A company can issue share at a discount if
A) one year have been elapsed since the date at which the company was allowed to commence business
B) shares issued at a discount must belong to a class of shares already issued
C) issue must take place within two must after the date of sanction by the court or within extended time.
D) all of the above
Correct Answer:
Verified
Q8: Which of the following cannot be used
Q9: The Capital Redemption reserve is created for
Q10: Which of the following accounts can be
Q11: According to sec. 100(1)(c) of the companies
Q12: Which of the following is not a
Q14: When bonus share are received the average
Q15: Bonus shares are issued by _ free
Q16: Bonus shares are issued out of _
A)capital
Q17: Right shares are issued to _ shareholders
A)previous
B)existing
C)future
D)none
Q18: Forfeiture of shares results in compulsory termination
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents