Which of the following is true with respect to issue of shares at a discount?
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.
According to the Speedtest Global Index by Ookla,India’s median download speed increased 3.59 times after 5G was launched.What rank has India achieved...
Which of the following Statements about NPCI is/are True?
I- It was established in 2014.
II- NPCI is an initiative taken by the Reserve Ba...
Who is the author of the second and concluding volume of the book on the life and works of Veer Savarkar, titled "Savarkar: A Contested Legacy (1924-196...
Indraprastha Institute of Information Technology Delhi (IIIT-Delhi) Innovation and Incubation Centre (IIITD-IC), a section eight company promoted by the...
Why is the National Crisis Management Committee (NCMC) meeting, and what is the current status of the impending cyclonic storm 'Michaung'?
State Bank of India (SBI) launched its third specialized branch for startups at ____ to provide all banking services required by them under one roof.
India has paid USD ______ million in UN regular budget assessments for the year 2022.
66 big-ticket infrastructure projects worth about Rs 5 lakh crore have been recommended for approval under the PM GatiShakti initiative so far this fisc...
Who laid the foundation stone for the country's first digital National Museum of Epigraphy in Hyderabad?
Which of the players of India who is also known as the voice of Indian football, has passed away recently?