The issue of shares at discount provided the discount does not exceed 10% as specified in ‐‐‐‐‐‐‐‐‐‐‐‐‐‐ ‐ of the companies Act.

Related MCQs

• The rate of discount on issue of shares should not exceed …. % of the nominal value of shares.
• The discount on the issue of shares should not exceed ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ normally.
• The rate of discount should not exceed ……………. Of nominal vale of shares.
• Discount on reissue of forfeited shares should not exceed ………….
• Section ….. of the Companies Act deals with issue of bonus shares
• Section …… of the Companies Act 2013 deals with the issue of right shares
• The rate of discount on shares cannot exceed ……….
• When shares originally issued at discount are forfeited, the discount in respect of them is to be ‐‐‐‐‐‐‐
• Loss on issue or discount on issue of debenture is a…..asset
• After completing ….years a company can issue shares at discount.