Question

Under Section 53 of the Companies Act 2013, companies are not allowed to issue shares at a discount. What are the exceptions allowed to this section? 

A Issue of Bonus share which are issued at zero cost
B Issue of Rights shares given at discount to existing shareholders
C Issue of shares at discount to the creditors as part of debt restructuring scheme
D Issue of shares on exercise of ESOPs by employees
E All of the above
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