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A company may issue securities for different reasons; the main reason being raising capital to meet its financial requirements. The financial requirements can be starting a venture, repaying debts, expansion and diversification. Or any other general corporate purposes. Note – As per Section 27 of Companies Act 2013 – variation in Prospectus - company has to use funds strictly in accordance with the prospectus. Deviations are required to be pre-approved in general meeting by way of special resolution ; however deviation regarding use of issue proceeds for buying, trading, or otherwise dealing in equity shares of any other listed company is NOT permitted.
Which of the following subsequent statement is wrong?
Where was headquarters of “Yugantar Ashram” located?
Which nation hosted the 2019 World Aquatics Championship?
What will be the average kinetic energy per molecule in Sl units for an ideal gas at a temperature of 25°C?
When is the World Bee Day observed annually by the United Nations?
On which day is Gudi Padwa celebrated in the month of Chaitra as per the Hindu calendar?
Ocean Census Project is aimed at identifying and recording
Who is the Chairperson of the NITI Aayog?
The Net National Product can be calculated by subtracting Depreciation from ______.
Asad Ali Khan is best known for his mastery over which of the given musical instruments?