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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 store, there is an inventory of 4,800 caps. Black caps constitute 41(2/3) % of this total, with the rest being blue caps. The caps that have been s...
Reena and Priyanka bought a chocolate. Priyanka break the chocolate in two parts and Reena observes that the ratio of length of these two parts is same ...
Find the third proportion of √ 2, √ 7 and √ 21.
The ratio of two numbers is 5:9. 150% of the first number is equal to the 80% of the second number. Find the sum of both numbers.
The ratio of number of boys and girls in a factory of 660 workers is 7:5. How many more girls should be joined to make the ratio 1:1?
A person distributes Rs. 61,600 among 11 men, 13 women and 3 children. If each woman receives four times as much as each children and each man receives ...
The ratio of heartbreak to emotions is 1:2:3:4. The price of heart is inversely proportional to the square of emotions. If there is a loss of Rs 700 due...
Rs. 23121 are divided between A and B in the ratio 2:7. What is the difference between thrice the share of A and twice the share of B?
The average height of three boys is 170 cm. If their heights are in the ratio 6:4:7, what is the height of the tallest boy?
A plot has to be divided among P, Q and R in the ratio 3:5:7 respectively. If the area of plot received by R is 3800m² more than the area of plot recei...