When the forfeited shares were originally issued at premium, the maximum permissible discount on re-issue shall be :
CS Executive · Corporate and Management Accounting · PYQS · December 2019
When the forfeited shares were originally issued at premium, the maximum permissible discount on re-issue shall be :
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Company Accounts
Related Questions in this Topic
- Consider the following information : Paid-up share capital 30 Long-term loan repayable after 3 years 10 Accum...
- The voting power, in respect of shares with differential rights, of a company shall not exceed __________ of total votin...
- In case of Companies other than listed companies, __________ has the right to determine the exercise price under the Emp...
- A company can issue debentures :
- A company planned to buy-back its own shares for a consideration of ₹200 crores. For this, as per the SEBI Regulations 2...