After completing ….years a company can issue shares at discount.

Related MCQs

• No company limited by shares shall issue any preference share which is redeemable after the expiry of …….. years from the date of issue.
• The issue of shares at discount provided the discount does not exceed 10% as specified in ‐‐‐‐‐‐‐‐‐‐‐‐‐‐ ‐ of the companies Act.
• The rate of discount on issue of shares should not exceed …. % of the nominal value of shares.
• When shares originally issued at discount are forfeited, the discount in respect of them is to be ‐‐‐‐‐‐‐
• At present, a company limited by shares cannot issue …..preference shares
• Loss on issue or discount on issue of debenture is a…..asset
• The discount on re-issue of forfeited shares is debited to ---- a/c.
• The discount on the issue of shares should not exceed ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ normally.
• Right issue means issue of shares to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• In case of inter-company holdings, the purchasing company, at the time of payment of the purchase consideration, surrenders the shares in the vendor company by crediting: