A new company set up by existing companies with five year track record can issue share at premium provided:
A) Participation of existing companies are not less than 50%
B) Prospectus contains justification for issue price
C) The issue price is made applicable to all new investors uniformly
D) All the above
Correct Answer:
Verified
Q62: Which of the company's capital is not
Q63: Securities Premium Account is shown on the
Q64: As per section 78 of Company's Act
Q65: The portion of the Authorized Capital which
Q66: A Company can issue share at a
Q68: Debenture holders are the:
A)Owners
B)Creditors
C)Directors
D)Suppliers
Q69: Debenture holder receive:
A)Fixed Interest
B)Dividend
C)Profit
D)None of them
Q70: Share Capital in the balance sheet is
Q71: A private invitation to the public to
Q72: A document which gives company's relationship with
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