Business Studies, asked by monalipawar0022, 29 days ago

a newly established company cannot issue shares at​

Answers

Answered by nikeetajohnson16
3

To protect the interest of investors it is prohibited by Company's Act 2013 vide sec 53. ... As per the Companies Act, 2013, (new guidelines) a company cannot issue its shares at discount. Company can issue its shares at par and premium.

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