UGC NET
Prince Asked a Question
April 11, 2021 11:48 pmpts 30 pts
  • UGC NET
  • Commerce

Can any company issue sweet equity shares at discount?

can any company issue sweet equity shares at discount?
  • 2 Answer(s)
Answer Now
  • 0 Likes
  • 2 Comments
  • Shares
  • Priya gulani Best Answer
    Section 53 of the Companies Act, 2013 prescribes that Company shall not issue shares on discount. Any shares issued by the Company at a discount shall be void. However, there are c...
    Show more
    • cropped1393817258381837250.jpg
    Likes(0) Reply(0)
  • Rucha rajesh shingvekar thankyou
    These are issued by a Company to its Directors or Employees They can be issued at a dis count or for consideration other than cash
    Likes(0) Reply(0)
How Eduncle Helps You ?
StudentTutorInstitutionApp
Help
FAQsPayment TermsRefund PolicyAsk Support
Head Office :
MPA 44, 2nd floor, Rangbari Main Road,
Mahaveer Nagar II, Kota (Raj.) – 324005

Corporate Office:
212, F-1, 2nd Floor, Evershine Tower,
Amrapali Marg,
Vaishali Nagar, Jaipur (Raj.) – 302021

Mail: info@eduncle.com
All Rights Reserved © Eduncle.com