A newly established company cannot issue shares at ……

Related MCQs

• A newly established company cannot issue shares at par
• 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 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 :
• Premium received on issue of shares cannot be utilized for ---------.
• A company can issue sweat-equity shares to:
• A company is allowed by law to sell 200 000 shares at Rs.2.00 each. Three-quarters (3/4) of these shares were bought by the public. What is the issued share capital?
• If the whole of the issue of shares or debentures is underwritten it is known as_______________________