Login / Signup

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

Practice Next

More Financial Management Questions

A company earns good profit before the close of the financial year and declares dividend. This dividend is called:
What is the purpose of a 'quality circle'?
The ICAAP is required to form an integral part of the management and decision-making culture of a bank. What does ICAAP stands for?
Which of the following statements about IPOs is/are not correct? 1)It provides a company access to funds through the public capital market. 2)Companies iss...
A banking company has to submit to Reserve Bank under Section 25(1) of the Banking Regulation Act, a return regarding its assets in India. The frequency of...
To ensure that employees are satisfied with their performance appraisals, supervisors should ascertain that employees ____________
From the following information calculate the amount of sales to earn a desired profit of Rs.6,000 Fixed Cost: 12,000 Selling Price: 12 per unit Variable...
What is an expectation for proficiency in Microsoft Word?
When was the Samadhaan Portal launched for monitoring and resolving outstanding dues to MSEs?
What is the Capital to Risk (Weighted) Assets Ratio (CRAR) of IIFCL as of 31st March 2025?

Hey! Ask a query

ask-question