The shares of XYZ Ltd. are listed on more than one stock exchange. On 3 rd February, 2014, its share was quoted @ ₹100 per share in Bombay Stock Exchange and @ ₹90 per share in National Stock Exchange. The company issued

CS Professional · Corporate Restructuring, Valuation and Insolvency · PYQS · June 2014
The shares of XYZ Ltd. are listed on more than one stock exchange. On 3 rd February, 2014, its share was quoted @ ₹100 per share in Bombay Stock Exchange and @ ₹90 per share in National Stock Exchange. The company issued 10,000 sweat equity shares on the same date @ ₹90 to Anand. Examine whether the transaction violates SEBI (Issue of Sweat Equity) Regulations, 2002.

Topics: Valuation

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic