Question
The amount payable on application on every security
shall not be less than how much of the nominal amount of the security?Solution
Companies Act, 2013 -Section 39 –Allotment of securities by company. The amount payable on application on every security shall not be less than five per cent of the nominal amount of the security or such other percentage or amount, as may be specified by the Securities and Exchange Board by making regulations in this behalf.
A listed company or an aggrieved investor may file an appeal before the Securities Appellate Tribunal against the decision of the recognised stock excha...
If a beneficial owner seeks to opt out of a depository in respect of any security he shall inform
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Which of the following section of The Partnership act, 1932 defines 'business' ?
An agreement which is ……………..……………………, is a voidable contract
