A newly established company cannot issue shares at par

Related MCQs

• A newly established company cannot issue shares at ……
• Preference shares, in case the holders of these have a right to convert their preference shares into equity shares at their option according to the terms of issue, such shares are called :
• A company issued 2000 equity shares which were underwritten by A. The company received applications for 2400 shares. Hence A will get his commission on the issue price of
• The amount of capital that a company can issue at par value is called:
• The excess price received on the par value of shares should be credited to
• The excess price received on the par value of shares should be credited to ………….
• The excess price received on the par value of the shares should be credited to
• The balance of the forfeited shares account after re-issue of forfeited shares is transferred to :
• Mr. X has underwritten 40,000 Shares, but the public applied for 50,000 shares. Therefore, Mr. B will get commission on the issue price of
• If applicants for 80,000 shares were allotted 60,000 shares on prorata basis, the shareholder who was allotted 1,200 shares must have applied for :