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.
Which institution took over the role of the Planning Commission in 2014?
Etawah Pilot Project was launched under the leadership ofÂ
It is the practice of smoking under trees to induce early flowering in mango., The popular practice is said to be
Which crop is commonly known as the “King Of Cereals”?
Axenic culture isÂ
India Meteorological Department is an agency of the__________.
Which plough helps cutting of creeping or spreading grass and inversion?
Which pest is known as national pest?
Which agricultural practice focuses on maximizing crop yields while minimizing the negative impact on the environment?
Dehorning of horned cattle is the process of removal of their horns or the process of preventing their growth. The process of dehorning is accomplished ...
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