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Start learning 50% faster. Sign in nowSection 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.
255 ml of mixture contains milk and water in the ratio of 12:x respectively. If 40 ml of water and 50 ml of milk is added into it then ratio of milk to ...
Three types of wheats costing Rs. 60/kg, Rs. 80/kg and Rs. 100/kg are mixed in the ratio of 3:2:1 respectively. Find the average cost of wheat per kg. A...
378 ml of mixture ‘A’ contains milk and water in the ratio 4:5 respectively. If the quantity of milk in mixture ‘B’ is 37.5% mor...
A shopkeeper mixes two types of rice, one costing ₹40/kg and the other ₹60/kg, in a ratio of 2:3. He sells the mixture at ₹55/kg. Find his profit ...
In a container ratio of milk and water is 3:4. 14 litres of mixture is removed and same quantity of water is added to the container. If the final ratio ...
Mixture ‘A’ contains 40% sugar in it while mixture ‘B’ contains 64% sugar in it. They are mixed together to get a 120 kg mixture that contains 4...
An alloy of copper and tin contains 65% of copper. If 12 kg of more tin is added to the alloy, the copper content gets reduced to 50%. Find the quantity...
A 480 ml mixture has milk and honey in the ratio 7:h. After adding 96 ml of milk and 24 ml of honey to this mixture, the ratio of...
