A Company is not allowed to issue shares at a discount to the public in general. [July 2021, 2 Marks]
Options
A
B
C
D
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Company AccountsQ-7 | Introduction to Company AccountsQuestion 4887 of 112
All Questions Correct Answer
✅ Option — Correct Option
All Options:
- A
- B
- C
- D
Detailed Solution & Explanation
True: According to Section 53 of the Companies Act, 2013, a company cannot issue shares
at a discount to general public.
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