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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.
Who acts as agent of Depository?
Which of the following section of Evidence Act is related with accomplice ?
As per the Legal Service Acuthorities Act every person who has to file or defend a case shall be entitled to legal services under this Act if that perso...
Cash reserve of Scheduled Bank shall be maintained as an average daily balance with the:
“The mason is building the wall’, js a ‘sentence in:
Asper the Insurance Act, 1938 when can the termination of the appointment of the Administrator be made by the Authority?
Bank to have the right to transact Government business in India is provided in section____ of The RBI Act 1934
Do mere words amount to an assault?
Which one of the following “Orders And Rules “of the CPC provide for “Framing of Issue:
When two or more persons, by fighting in a public place, disturb the public peace, they are said to commit____________________