Question
Which of the following is true with respect to issue of
shares at a discount?Solution
Section 53. Prohibition on issue of shares at discount- Except as provided in section 54, a company shall not issue shares at a discount, (2) Any share issued by a company at a discount shall be void. (2A) Notwithstanding anything contained in sub-sections (1) and (2), a company may issue shares at a discount to its creditors when its debt is converted into shares in pursuance of any statutory resolution plan or debt restructuring scheme in accordance with any guidelines or directions or regulations specified by the Reserve Bank of India under the Reserve Bank of India Act, 1934 or the Banking (Regulation) Act, 1949.
In a certain code language, BAYWATCH is written as ZYWUYRAF. How will EFRON be written in that code?
In the given question, the statement is followed by two conclusions. Which of the two conclusions is/are true?
Statement: Z = E ≥ R > G < Y ...
Statement: H
F ≥ U = M conclusion:
i) M> I
ii) P>
iii) H
In a code language, 'COLONY' is coded as '48' and 'INTERCHANGE' is coded as '88'. How will 'MOUNTAIN' be coded in the same language?
In the following question, four letter pairs are given. The letters on left side of (-) is related to the letters on the right side of (-) with some Log...
The sequence of folding a transparent sheet of paper and the method of cutting the folded paper are shown in the following figures. What will this paper...
If 9 March 2007 was Friday, then what was the day of the week on 13 March 2012?
In a family, there are six members named K, L, M, N, O and P. N's age is three times the age of L. The age of O is equal to the total age of L and M. P'...
In a certain code language, ‘MUST’ is coded as ‘7913’ and ‘TALE’ is coded as ‘8672’.
What is the code for ‘T’ in the given co...
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