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    Question

    As per the provision of Section 40 of the Companies Act,

    2013, the commission paid or agreed to be paid does NOT exceed in the case of debentures _____of the price at which the debentures are issued or the amount or rate authorised by the articles, whichever is less.
    A 2.5% Correct Answer Incorrect Answer
    B 10% Correct Answer Incorrect Answer
    C 5% Correct Answer Incorrect Answer
    D 7% Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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