When shares are issued at a price higher than their face value, it is called issue at…………..

Related MCQs

• The rate of discount on issue of shares should not exceed …. % of the nominal value of shares.
• No company limited by shares shall issue any preference share which is redeemable after the expiry of …….. years from the date of issue.
• Right issue means issue of shares to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• At present, a company limited by shares cannot issue …..preference shares
• Right shares are those shares which are issued to
• If a share of Rs.10 is issued at a premium of 20%, the issue price is ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• In case of redemption out f profit, an amount equal to face value of shares so redeemed should be transferred to …………
• The excess price received on the par value of shares should be credited to ………….
• Alteration of shares of smaller amounts into shares of larger amount is called…..of share capital
• Alteration of shares of larger denominations into smaller denominations is called -------- of shares.