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 the question, assuming the given statements to be true, Find which of the conclusion (s) among given three conclusions is /are definitely true and ...
In these questions, relationship between different elements is shown in the statements. The statements are followed by conclusions.
Statements:...
Statements:
Q ≥ J ≤ V; U > J > X; M = U < P
Conclusions:
I. P > X
II. V ≥ M
Statements: X @ Y $ Z & U, Z @ V
Conclusions: I. V # X II. V $ X
...Statements: W ≤ B = F; H > T; H < U < F; W ≤ X < S
Conclusions:
I. W < U
II. T < B
III. X > H
In the question, relationship between some elements is shown in the statements (s). These statements are followed by two conclusions. Read the statemen...
Statements: B > C; D > E = F < G ≥ H; C > I = D
Conclusions:
I. B < E
II. G > E
III. I < B
Statements: B ≤ C = T; Z ≥ N ≥ D > K ≥ T
Conclusions:
I. C < N
II. B ≤ K
III. N > B
...Statements: M % F & P % F; F # A & W; W @ O # S
Conclusions:
I. A @ O
II. M % O
III. S @ F
...Which of the following pairs represents the immediate neighbour of the one who do shopping from Limeroad?
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